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Innovate Rhode Island Small Business Fund Internship Grant Program

Grants to Rhode Island Businesses for
Internships in Life Sciences and Engineering

GrantWatch ID#: 171800
Agency Type:

State

Rhode Island Science and Technology Advisory Council (STAC)

06/30/17 11:45 PM ET Timestamped

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Grants of up to $3,000 to Rhode Island for-profit companies in the biosciences and engineering sectors to hire student interns. The purpose of this program is to provide Rhode Island students with the opportunity to explore career paths, meet people in the industry, and obtain hands-on experience.

$1,000,000

Eligible companies may receive reimbursement for pay rates of up to twelve dollars ($12) per hour for a total reimbursement of not more than three thousand dollars ($3,000) per eligible intern.

Companies who satisfy all of the following conditions may apply:

-Is a for-profit Rhode Island based-business with fifty (50) or fewer employees. For purposes of this program, a Rhode Island-based business is one that has its principal place of business and at least fifty-one percent (51%) of its employees residing in this state;

-Is primarily engaged in a biosciences or engineering field and can demonstrate its ability to conduct research in these fields. For purposes of this program, biosciences means “advanced and applied sciences that expand the understanding of human physiology and have the potential to lead to medical advances or therapeutic applications.” For purposes of this program, engineering means “the creative application of advanced mathematics and natural sciences to design or develop complex structures, machines, processes or systems.”

To be eligible, interns must be:

-A Rhode Island resident attending a Rhode Island college or university;
-Enrolled in a community college, and enrolled in an Associate’s degree or Certificate program or completed one within the past year;
-Enrolled in a four year college or university, and completed at least sophomore year the semester before the internship, completed or be in their sophomore year of a biotechnology program, or have graduated;
-A graduate student enrolled in a graduate program or completed one within the last year.

Businesses may seek reimbursement for up to two (2) interns per calendar year. Any two or more related businesses that are commonly controlled by any person or entity, directly or indirectly, are limited to reimbursement for one business only.

Interns cannot be the spouse, child, grandchild, sibling, niece, nephew or spouse of a child, grandchild, sibling, niece, nephew of any employee of the business.

Interns cannot participate in more than one internship in the same calendar year and interns cannot participate in more than two internships over two calendar years with the same business.

Businesses seeking to apply for Internship Reimbursement funds should electronically submit all application materials in advance of the start of the internship.

Submissions are accepted on a rolling basis until funds are exhausted. The last date for submissions is June 30, 2017 at 11:45 PM ET. Submissions are timestamped at the end of the response process, which includes the time it takes to upload your files and verify that all data fields are complete. Submissions that are timestamped after the deadline will be invalid.

Before starting your grant application, please review the funding source's website listed below for updates/changes/addendums/conferences/LOIs.

Submit a Response:
http://directory.stac.ri.gov/opportunities/475/responses/new

Christine Smith
401-278-9100
christine.smith@commerceri.com

RI Science & Technology Advisory Council
315 Iron Horse Way, Suite 101
Providence, RI 02908

See the full text of this grant

USA: Rhode Island

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