PROVIDENCE - (March 21, 2023) - The Rhode Island Business Competition's application process closes at 5pm EST on Monday, March 27th. We have already received some exciting applications but we know there are many other great businesses in Rhode Island that could benefit from the cash and prizes we offer. Last year we awarded over $140,000 in cash and prizes including accounting and legal services, co-working space, and more!

Applicants may submit an idea for an early stage or seed stage company. This typically is where there is an idea, a concept, or even a product, but little or no income.

No industry is favored over any other. The Competition has received applications for many industries, including data management, food & beverage, education, energy, entertainment, green technology, health & nutrition, hospitality, insurance, maritime operations, med-tech, and software.

For more information and to apply, please visit www.ri-business.com.

Sponsors of the 2023 Rhode Island Business Competition

Pillar sponsors are Bryant University, Cox Business, and Everhope Foundation. Other lead sponsors include Envision Technology Advisors, Hinckley Allen, KLR, and Sprout Coworking.

Also sponsoring are Beacon Mutual Insurance Company, FM Global, and Greater Providence Chamber.

Additional sponsors include Bank Rhode Island, Bristol County Savings Bank, Business Development Company, Delta Dental of Rhode Island, Dimeo Construction Company, Navigant Credit Union, Peter George, Slater Technology Fund, the Washington Trust Co., BankNewport, Bank of America, Blount Fine Foods, Brain for Rent, Brown University Nelson Center for Entrepreneurship, Cherrystone Angel Group, Coastal1 Credit Union, Goldman Sachs 10,000 Small Businesses, and Morgan Stanley - Richard Carriere. Our growth partners are MassChallenge, New England Medical Innovation Center, and RIHub.

The Rhode Island Business Competition fosters development of companies by inviting emerging and established entrepreneurs to submit ideas for a business, in any industry, that is based in Rhode Island and has strong growth potential. The most promising ideas will receive cash and services. The Competition is supported by a broad range of sponsors that include private businesses, investors, foundations, colleges and universities, public entities, nonprofit organizations, and former competitors. Today, we are one of the leading community-supported business competitions in the Northeast.