nonprofit

Rhode Island Foundation launches innovation fellowship program

COURTESY RIF
THE Rhode Island Foundation is launching a fellowship program to provide seed money for ideas to solve persistent challenges in the state, the nonprofit announced Tuesday.
Posted 10/25/11

PROVIDENCE – The Rhode Island Foundation is launching a fellowship program to provide seed money for ideas to solve persistent challenges in the state, the nonprofit announced Tuesday.

Beginning in 2012, the Rhode Island Innovation Fellowship will annually disperse up to $100,000 each two individuals whose ideas show the most promise for helping “improve any area of life in Rhode Island,” the foundation said. The payments will last for three years.

The fellowship is being paid for by John and Letitia Carter and will fund two new grants each year for the foreseeable future. The money will go to test, refine and expand the chosen ideas.

“This fellowship is about Rhode Island reaching its true potential,” said Neil Steinberg, president and CEO of The Rhode Island Foundation in a statement announcing the program.

“To our knowledge, nothing like this has ever been tried in our state. It’s new territory but we are convinced that risk taking will be essential and failure is infinitely better than not trying.”

The ideas can be in any field and address any issue that affects Rhode Islanders, but the focus will be projects that promise “the greatest good for the greatest number.”

The fellowships will be awarded by a seven-member panel made up of representatives from leading Rhode Island institutions.

No comments on this story | Add your comment
Please log in or register to add your comment
Calendar
PBN Hosted
Events

Only a few seats remain for PBN's Manufacturing Awards Dinner and Ceremony, Thursday, April 24th, at the Bryant University Bello Center. Don't hesitate. Register today!
  • Business Women
    Accomplished. Confident. Wicked Smart. Nominate women you know who deserve speci ...
  • 40 Under Forty
    It's the 10th Anniversary of 40 Under Forty, and PBN is planning a special event ...
  • Healthiest Employers
    Enrollment now open for the 2014 Healthiest Employers Program. Please take a mom ...
Advertisement
Purchase Data
Book of Lists
Lists
Book of Lists cover
PBN's annual Book of Lists has been an essential resource for the local business community for almost 30 years. The Book of Lists features a wealth of company rankings from a variety of fields and industries, including banking, health care, real estate, law, hospitality, education, not-for-profits, technology and many more.
Data icons
Data can be purchased as single lists, in either Excel or PDF format; the entire database of the published book, in Excel format; or a printed copy of the Book of Lists.
  • Purchase an e-File of a single list
  •  
  • Purchase an e-File of the entire Book of Lists database
  •  
  • Purchase a printed copy of the Book of Lists
  •  
    National
    Local
    Latest News