The Rhode Island Science and Technology Advisory Council is seeking applications for its Internship Grants.
Donor Name: Rhode Island Science and Technology Advisory Council
State: Rhode Island
County: All Counties
Type of Grant: Grant
Deadline: 06/30/2023
Size of the Grant: up to $3000
Details:
The Rhode Island Science and Technology Advisory Council (STAC) is a coalition of business, academic, medical and government leaders with the mission to recommend to state leadership strategic investments that drive economic development and job creation by maximizing the economic impact of research, technology and innovation. STAC initiatives support the state’s research and development activities by promoting collaboration across institutions and encouraging entrepreneurship and new company creation through the transfer of new technologies and discoveries into the marketplace.
Funding Information
The Innovate Rhode Island Small Business Account is a special revenue fund to be administered by the Rhode Island Science & Technology Advisory Council in the amount of $1,000,000 for FY 20.
Amount of Reimbursement and Restrictions
- Eligible companies may receive reimbursement for pay rates of up to twelve dollars ($12) per hour for a total reimbursement of not more than three thousand dollars ($3000) per eligible intern.
- To be eligible, interns must be:
- A Rhode Island resident attending a Rhode Island college or university;
- Enrolled in a community college, and enrolled in an Associate’s degree or Certificate program or completed one within the past year;
- Enrolled in a four year college or university, and completed at least sophomore year the semester before the internship, completed or be in their sophomore year of a biotechnology program, or have graduated;
- A graduate student enrolled in a graduate program or completed one within the last year.
Eligibility Criteria
Companies who satisfy all of the following conditions may apply:
- Is a for-profit Rhode Island based-business with fifty (50) or fewer employees. For purposes of this program, a Rhode Island-based business is one that has its principal place of business and at least fifty-one percent (51%) of its employees residing in this state;
- Is primarily engaged in a biosciences or engineering field and can demonstrate its ability to conduct research in these fields. For purposes of this program, biosciences means “advanced and applied sciences that expand the understanding of human physiology and have the potential to lead to medical advances or therapeutic applications.” For purposes of this program, engineering means “the creative application of advanced mathematics and natural sciences to design or develop complex structures, machines, processes or systems.”
For more information, visit RISTAC.
