COVID-19 Small Business RESTORE RI Grant Program
Restore RI is targeted to assist small businesses severely impacted by the COVID-19 pandemic. For any additional questions about the Restore RI program or application, please contact the RI Commerce Small Business Team by clicking here.
Information for new applicants
Rhode Island is accepting applications for round two of the Restore RI grant program. Completing the Restore RI grant application is a two-step process.
STEP 1 – Prequalification form: The first step of the application process is to complete the prequalification form, which is available here. Important: completing the prequalification form (Step 1) does not count as submitting a completed application.
STEP 2 – Application: After applicants complete the prequalification form, they will receive an email from CRF (our partner in administering this program) confirming receipt. This email will come from the email domain crfusa.com. Within two business days, eligible applicants will receive a follow up email from their processor at CRF with a link to create an account for completing Step 2 of the application. Once applicants create an account with CRF, they must complete the full application through CRF’s online portal. Applications — including all information and documents required in Step 2 — will be time stamped when completed and will be reviewed in the order they are received. Only completed applications (those that completed both steps of the application process) will be reviewed.
Click here for more information.
About the program:
- This program is targeting some of the hardest hit industries here in Rhode Island, including retail, restaurants, and salons. Additional eligibility information can be found here.
- Eligible businesses who have 1-20 employees, or any restaurant or caterer, may apply for up to $15,000 in grant funding.
- Businesses must demonstrate a revenue loss of at least 30-50% or more in any month from March-July 2020, depending on their industry.