Commerce RI approves three Innovation Vouchers

THE R..I. COMMERCE Corp. approved three Innovation Vouchers Tuesday evening with a combined value of $131,403.
THE R..I. COMMERCE Corp. approved three Innovation Vouchers Tuesday evening with a combined value of $131,403.

PROVIDENCE – The R.I. Commerce Corp. board of directors approved three Innovation Vouchers Tuesday evening. The recipients were Rite-Solutions Inc., Tank Vision Inc. and Trans-Tex LLC for a combined value of $131,403.

  • Rite-Solutions, based in Middletwon, received a $49,420 voucher to continue collaboration with the University of Rhode Island on an artificial intelligence and deep learning project.
  • Tank Vision, headquartered in Vineyard Haven, Mass., was approved for a $41,526 voucher to collaborate with Design Lab at Brown University to validate the accuracy of the company’s oil burner monitor.
  • Tran-Tex, based in Cranston, was approved for a $40,457 voucher to explore the use of laser technology in a new production line.
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