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Rhode Island Small Business Assistance Program

Rhode Island Commerce Corporation (RI Commerce)RI-SBAP
Max per Applicant

$50K

Maximum a single org can receive

Deadline

Rolling / No deadline

Jurisdiction

Rhode Island

About This Program

Low-interest loans and technical assistance for Rhode Island small businesses, including microloans of $5,000–$50,000 for businesses that have been operating for at least 1 year. Supports working capital, equipment, and growth for businesses with fewer than 25 employees.

Key Requirements & Eligibility

  • 125 or fewer employees
  • 2Business must have operated at least 1 year in Rhode Island
  • 3Microloan: $5,000–$50,000 at below-market rates
  • 4Must demonstrate creditworthiness and repayment ability
  • 5Priority for businesses owned by women, minorities, and veterans

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Apply or Learn More

Visit the official page to review full eligibility requirements and apply.

Official Source
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Applicable Industries

Small BusinessRetailFood & BeverageManufacturing
Official Source