Welcome to The Rhode Island Entrepreneur Challenge

It's about fostering the development of growth companies in Rhode Island.

Rhode Island’s modern entrepreneurial history began in 1790 when Samuel Slater brought cotton spinning machinery to Pawtucket with financial backing from a Providence businessman. The Rhode Island Entrepreneur Challenge continues that tradition by providing capital and services from organizations across the state to help new companies build their future in Rhode Island.

Supported by a consortium of private businesses, professional firms, banks and investors, colleges and universities, nonprofit organizations, service organizations, and public agencies, the Rhode Island Entrepreneur Challenge is unique within the Northeast.

New and emerging entrepreneurs participate by competing in the Rhode Island Business Plan Competition. It's simple. 

  1. Pitch a plan to create or expand a growing business in Rhode Island. 
  2. The most promising ideas will receive cash and services.
Since 2001, we have awarded prizes valued at more than $2.3 million to competitors who are building companies addressing opportunities in agriculture, biotechnology, construction, education, food and drink, green technology, health, insurance, internet, medical technology, music, retailing, and software, among other areas.

Today, 50 former participants are operating business that employ hundreds of Rhode Islanders and buy goods and services from Rhode Island companies.

Not sure if your idea has merit as an ongoing business? Or want more insight about customers, making your business case, or presenting to investors? Join us at FREE EVENTS where you'll get expert advice and insights.

Ready to give it a try? APPLY!