R.I. Commerce board approves $5K grants for small businesses

THE R.I. COMMERCE CORP. Board of Directors voted on Friday, Jan. 14, 2021, to start distributing $5,000 grants and provide technical assistance using $32 in federal funds provided to the state through the American Rescue Plan Act. / COURTESY COMMERCE CORP.
THE R.I. COMMERCE CORP. board of directors voted on Friday to start distributing $5,000 grants and provide technical assistance using $32 million in federal funds provided to the state through the American Rescue Plan Act. / COURTESY COMMERCE CORP.
PROVIDENCE – Gov. Daniel J. McKee said $5,000 grants administered through the RI Rebounds Initiative program will go a long way in helping struggling business, including minority-owned restaurants, to make ends meet amid the COVID-19 pandemic. “The sooner you get the money out the better,” said McKee, speaking to members of the R.I. Commerce Corp. board…

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