870 R.I. Code R. 870-RICR-20-00-5.9

Current through December 3, 2024

Section 870-RICR-20-00-5.9 - Implementation Grant Application

A. An Applicant for an Implementation Grant shall file an Implementation Grant Application in the form prescribed by the Corporation and available on the Corporation's website. The Implementation Grant Application shall require, at a minimum, that the Applicant provide the following information:

1. the name of the Applicant and contact information for the individual(s) primarily responsible for oversight and management of the Technical Assistance Grant Application;

2. the Applicant's federal and State tax identification numbers;

3. the requested Implementation Grant amount;

4. a description of the relevant Cluster (including data on the types and numbers of companies and level of employment within the cluster), a demonstration of its importance to the State's economy, and description of the geography in which the Cluster operates;

5. a cluster diagram schematically depicting the Cluster, showing current businesses, suppliers, markets, and supporting institutions and organizations that compromise the Cluster; the current state of collaboration within the Cluster; any new collaboration or other linkages that will result from receipt of the Implementation Grant;

6. a description of the project for which the Applicant seeks an Implementation Grant, including a description of the need that the project seeks to address; the intended result of the project, including how it will advance the Cluster in the State in the form of, for example, benefits to companies in the State, job creation or retention in the State, or business attraction to the State; and a discussion of the project's importance to the Cluster and how the entities operating within the Cluster will benefit from the project;

7. a statement of the work for the project for which the Applicant seeks an Implementation Grant, including a detailed discussion of the approach to the project and an identification or project deliverables, milestones, and timelines;

8. a financial narrative that explains why the requested Implementation Grant is necessary and a description of a plan for securing additional funds necessary to complete the project (if necessary) and for sustaining the impact of the project after the Grant is exhausted;

9. a description of the concrete steps to be taken to ensure that the businesses within the Cluster benefit from the results of the project;

10. biographies of key individuals who will implement the Project for which the Implementation Grant is sought, including a description of any relevant experience;

11. descriptions of any external organizations or industry participants that will participate in the project for which it seeks an Implementation Grant, including a description of the commitment made by the external entity or entities and any relevant expertise contributed by the external entity or entities;

12. letters of support for the project from businesses operating in the Cluster;

13. a description of how the Applicant will monitor the effectiveness and impact of the project;

14. a delineation of any other federal, State or municipal incentives, grants, tax credits, or other aid that will or may be received or requested by the Applicant in relation to the Project;

15. and such other information as the Corporation deems appropriate.

B. An Applicant may be charged a one-time, non-refundable application fee by the Corporation. The Corporation shall annually publish a fee schedule on its website commencing on or before December 31, 2015.

870 R.I. Code R. 870-RICR-20-00-5.9