Coastal Supply Chain Monitoring Systems Impact in Rhode Island's Fishing Sector

GrantID: 12311

Grant Funding Amount Low: $10,000

Deadline: December 2, 2022

Grant Amount High: $10,000

Grant Application – Apply Here

Summary

Those working in Technology and located in Rhode Island may meet the eligibility criteria for this grant. To browse other funding opportunities suited to your focus areas, visit The Grant Portal and try the Search Grant tool.

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Grant Overview

Priority Outcomes for Rhode Island's Supply Chain Data Research Grant

The Research Grant to Produce Robust Supply Chain Data, funded by the Banking Institution, aims to produce more timely, granular, and robust supply chain data. In Rhode Island, this grant is particularly relevant due to the state's unique maritime economy and its significant role in the regional supply chain. The Rhode Island Department of Transportation and the Rhode Island Commerce Corporation are key state agencies that could benefit from this grant.

Target Outcomes for Rhode Island

The priority outcomes for Rhode Island under this grant include improving the accuracy and timeliness of supply chain data, enhancing the state's competitiveness in the maritime industry, and fostering innovation in data collection and analysis methodologies. Rhode Island's coastal economy and its position as a hub for trade and commerce make it an ideal location for projects that aim to enhance supply chain resilience and efficiency. The state's compact geography also presents opportunities for piloting new data collection technologies and methodologies that could be scaled up regionally.

One of the key geographic features distinguishing Rhode Island is its coastline along the Atlantic Ocean, which plays a critical role in its economy. Projects that focus on improving data collection related to maritime trade, such as tracking cargo movement through the Port of Providence, could significantly benefit the state. Additionally, initiatives that leverage Rhode Island's strong higher education institutions, such as the University of Rhode Island, to develop new methodologies for supply chain data analysis could enhance the state's research capabilities and contribute to the national conversation on supply chain resilience.

Why These Outcomes Matter in Rhode Island

Enhancing supply chain data in Rhode Island matters for several reasons. Firstly, more accurate and timely data can help businesses in the state make informed decisions, reducing costs and improving efficiency. This is particularly important for small and medium-sized enterprises that may not have the resources to invest in sophisticated data analysis tools. Secondly, by improving supply chain resilience, Rhode Island can better withstand economic shocks and maintain its competitiveness in the regional and national economy. Lastly, innovations developed in Rhode Island can be shared with neighboring states, such as Pennsylvania and Arizona, contributing to a broader improvement in supply chain data across the country.

Applicants for this grant in Rhode Island should be aware of the state's existing initiatives and infrastructure. For instance, the Rhode Island Commerce Corporation offers various programs to support businesses and innovation in the state, which could complement projects funded by this grant. Furthermore, the state's strong focus on "rhode island grants for nonprofit organizations" and "ri foundation grants" indicates a vibrant ecosystem for grant-funded projects, potentially providing additional resources or partnerships for applicants.

When applying for the Research Grant to Produce Robust Supply Chain Data, potential applicants in Rhode Island should consider how their projects align with the state's economic development goals and its unique characteristics. This includes leveraging the state's maritime economy, its research institutions, and its compact geography to develop innovative solutions to supply chain data challenges.

Q: What types of projects are most likely to be funded in Rhode Island under this grant? A: Projects that improve supply chain data accuracy and timeliness, particularly those related to the maritime industry and leveraging the state's research capabilities, are likely to be prioritized.

Q: How can applicants in Rhode Island find additional resources to support their grant-funded projects? A: Applicants can explore resources offered by the Rhode Island Commerce Corporation and the Rhode Island Foundation, which provides "ri foundation community grants" that could complement this grant.

Q: Are there specific data collection methodologies that are being targeted by this grant in Rhode Island? A: The grant is open to new approaches to providing supply chain data, including those that utilize technology and innovative data analysis techniques, particularly those that can be piloted in Rhode Island's compact geography.

Eligible Regions

Interests

Eligible Requirements

Grant Portal - Coastal Supply Chain Monitoring Systems Impact in Rhode Island's Fishing Sector 12311

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