Demand for state small-business grants exceeds $20M allocation

MORE THAN 5,000 small businesses sought grants through the state's Small Business Relief Grant Program that closed April 30, which may mean more money is needed to fund all eligible applicants. / COURTESY R.I. COMMERCE CORP.
PROVIDENCE – Demand for the state’s small-business grant program has exceeded the $20 million allocation, though additional money could be made available for eligible applicants, R.I. Commerce Corp. said on Tuesday.  More than 5,000 small businesses sought funding through the Small Business Relief Grant Program, which closed April 30, R.I. Commerce spokesman Matt Sheaff said…

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