Rhode Island Code of Regulations › Title 870 - Rhode Island Commerce Corporation › Chapter 20 - Loans and Grants › Subchapter 00 - N/A › Part 5 - Rules and Regulations for the Industry Cluster Grants Program (870-RICR-20-00-5) › Section 870-RICR-20-00-5.9 - Implementation Grant Application

Current through June 14, 2024
A. An Applicant for
							an Implementation Grant shall file an Implementation Grant Application in the
							form prescribed by the Corporation and available on the Corporation's website.
							The Implementation Grant Application shall require, at a minimum, that the
							Applicant provide the following information:
1. the name of the Applicant and contact
							information for the individual(s) primarily responsible for oversight and
							management of the Technical Assistance Grant Application;
2. the Applicant's federal and State tax
							identification numbers;
3. the
							requested Implementation Grant amount;
4. a description of the relevant Cluster
							(including data on the types and numbers of companies and level of employment
							within the cluster), a demonstration of its importance to the State's economy,
							and description of the geography in which the Cluster operates;
5. a cluster diagram schematically depicting
							the Cluster, showing current businesses, suppliers, markets, and supporting
							institutions and organizations that compromise the Cluster; the current state
							of collaboration within the Cluster; any new collaboration or other linkages
							that will result from receipt of the Implementation Grant;
6. a description of the project for which the
							Applicant seeks an Implementation Grant, including a description of the need
							that the project seeks to address; the intended result of the project,
							including how it will advance the Cluster in the State in the form of, for
							example, benefits to companies in the State, job creation or retention in the
							State, or business attraction to the State; and a discussion of the project's
							importance to the Cluster and how the entities operating within the Cluster
							will benefit from the project;
7. a
							statement of the work for the project for which the Applicant seeks an
							Implementation Grant, including a detailed discussion of the approach to the
							project and an identification or project deliverables, milestones, and
							timelines;
8. a financial narrative
							that explains why the requested Implementation Grant is necessary and a
							description of a plan for securing additional funds necessary to complete the
							project (if necessary) and for sustaining the impact of the project after the
							Grant is exhausted;
9. a
							description of the concrete steps to be taken to ensure that the businesses
							within the Cluster benefit from the results of the project;
10. biographies of key individuals who will
							implement the Project for which the Implementation Grant is sought, including a
							description of any relevant experience;
11. descriptions of any external
							organizations or industry participants that will participate in the project for
							which it seeks an Implementation Grant, including a description of the
							commitment made by the external entity or entities and any relevant expertise
							contributed by the external entity or entities;
12. letters of support for the project from
							businesses operating in the Cluster;
13. a description of how the Applicant will
							monitor the effectiveness and impact of the project;
14. a delineation of any other federal, State
							or municipal incentives, grants, tax credits, or other aid that will or may be
							received or requested by the Applicant in relation to the Project;
15. and such other information as the
							Corporation deems appropriate.