PROVIDENCE – Over 1,000 small businesses have received grants through the state’s Restore Rhode Island program, R.I. Commerce Corp. announced on Tuesday.
In total, the state has distributed more than $9 million in grants to help businesses offset COVID-19-related losses, including $1.5 million to minority-owned businesses, the release stated.
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The state grant program, which began in early August and was recently expanded to make more businesses eligible, offers grants of up to $15,000 to businesses with one to 50 employees that can prove at least a 30% revenue loss from the pandemic.
More information and the application are available on the R.I. Commerce website.
Nancy Lavin is a PBN staff writer. You may reach her at Lavin@PBN.com.
