Healthcare company-building profile
Rhode Island Commerce Life Sciences and Innovation Programs
Rhode Island Commerce Corporation / Executive Office of Commerce
AcceleratorGovernment or nonprofit acceleratorNonprofitActive
Source-based profile
Program at a Glance
- Program type
- Accelerator
- Program category
- Government or nonprofit accelerator
- Organization
- Rhode Island Commerce Corporation / Executive Office of Commerce
- Organization type
- Nonprofit
- Location
- Providence, Rhode Island
- Company stage served
- Research or idea stage
- Cohort or participation model
- Not a cohort program; competitive application rounds
- Investment or funding offered
- Yes
- Published investment terms
- Grants and vouchers rather than equity; specific award sizes vary by round
- Equity or fee model
- Equity
- Clinical or hospital connection
- Not publicly documented
- Application status
- Active
Public description
About the program
Rhode Island Commerce runs the state's life sciences sector strategy along with Innovation Voucher and Innovation Network Matching Grant programs that fund small companies to work with research institutions. Vouchers support R&D collaborations, including life sciences and medical technology projects, and matching grants back accelerators and incubators serving Rhode Island founders. The programs are state-administered rather than cohort accelerators.
What the program publicly emphasizes
Focus areas and features
Life sciencesBiotechMedical devicesInnovation vouchersResearch commercialization
- Category: Government or nonprofit accelerator
- Program structure: Not a cohort program; competitive application rounds
- Published terms: Grants and vouchers rather than equity; specific award sizes vary by round
Sources
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