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Rhode Island Life Science
Partner Program

Program Overview

The Life Science Partner Program provides funding to organizations dedicated to fostering the growth of Rhode Island’s commercial life sciences sector. This program supports organizations that offer specialized programming, resources, and mentorship for life sciences entrepreneurs, startups, and established businesses. Emphasizing inclusivity, applicant organizations are encouraged to engage underrepresented populations, ensuring equitable access to opportunities within the industry. By strengthening the support network for life sciences innovation, this program helps drive economic growth, industry advancement, and a more diverse and inclusive ecosystem in Rhode Island. 

Eligibility and Evaluation

  • Organization must be registered in Rhode Island 

  • Have a track record of serving life science entrepreneurs, startups and/or existing businesses

  • Must provide programs/services targeting the life science sector and bridging a gap in the current ecosystem

Funding Structure:

  • Up to $150K* 

  • No more than 30% of project costs can be indirect  

Eligible use of funds:

  • Costs associated with executing programming (programmatic budget) 

  • Up to 30% for indirect costs  

  • Remainder for direct costs 

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*Organizations can re-apply for funding in subsequent years through an abridged application process. Awards will be allocated based on the previous year’s program performance.   

Application Due Date for Funding Decision

  • March 23

  • May 25

  • July 27

  • September 28

  • November 9

BOD Meeting for Funding Decision

  • April 22

  • June 24

  • August 26

  • October 28

  • December 16

Funding opportunities are open on a rolling basis and will be reviewed in accordance with the every-other month Board meetings. Applications submitted by the end of the month leading up to a Board meeting will have the opportunity to be reviewed by the Board for award.

Resources

  • View Application

  • Applicants are required to create an account prior to accessing the application. If you already have an account, please log in to begin the application.

Impact on the Ecosystem

A thriving life science industry requires key support from those who know the industry, regulations, startup pitfalls, funding landscape and more. Organizations who serve and target underrepresented populations in the life sciences have the potential to shape the Rhode Island life science industry and provide opportunities for all Rhode Islanders. RILSH is conscientious of duplication, and we ask applicants to conduct a landscape study before applying, to ensure that the applicant’s offering serve a unique and distinct need in the Rhode Island life science industry. Programs well-positioned for funding are those that focus on bridging key gaps, provide equitable access to services and programs, and focus on entities with commercialization/commercial potential.

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