Commerce RI board approves $399K in innovation vouchers

THE R.I. COMMERCE CORP. board of directors will consider $399,330 in Innovation Vouchers and $225,000 in Network Matching Grants. Above, Jesse Saglio, president of Commerce RI. / PBN FILE PHOTO/MICHAEL SALERNO
THE R.I. COMMERCE CORP. board of directors approved $399,330 in Innovation Vouchers and $225,000 in Network Matching Grants at a meeting Thursday. Above, Jesse Saglio, president of Commerce RI. / PBN FILE PHOTO/MICHAEL SALERNO
PROVIDENCE – The R.I. Commerce Corp. met Thursday afternoon and approved Innovation Vouchers for eight companies and Network Matching Grants for two companies. Commerce RI approved $399,330 in Innovation grants at the meeting. The Innovation Voucher program awards Rhode Island small businesses with fewer than 500 employees grants of up to $50,000 to fund research…

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