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Innovation grant designed to create jobs in Providence
March 28, 2011

Local organizations in Providence will receive a total of $110,000 to fund innovation.The Greater Providence Chamber of Commerce in Rhode Island recently announced it will award $110,000 to local businesses and institutions to promote job creation in high-growth sectors, such as healthcare, technology and alternative energy.

The grants, ranging from $10,000 to $25,000 each, will be awarded through the Innovation Providence Implementation Council, which was created in 2008 by the Chamber of Commerce and local partners. In its third round of funding, the council received $70,000 from the Providence Economic Development Partnership, $25,000 from the Rhode Island Foundation and $15,000 from the Greater Providence Chamber of Commerce.

Many businesses use grants to promote IT careers and jobs within the technology sector. Potential employees who prove they have experience with workplace technology, such as a computer, a server or a DLP projector, can improve their chances of being hired.

"Technology and innovation will drive our economy and it falls to us to do what we can to enable more Providence-based businesses to thrive in the 21st century knowledge economy," said Providence mayor Angel Taveras.

Interested organizations have until April 15 to submit proposals for the grants.
 

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