PROVIDENCE, R.I. (WPRI) — The Rhode Island Commerce Corporation is receiving $1.6 million in competitive grant funding to support small businesses in construction, transportation, and renewable energy industries. Rhode Island's Congressional Delegation announced that the grant was secured last week. ALSO READ: RI Commerce officials lambaste Cox Communications over lawsuit “This federal funding will help small businesses receive the technical assistance they need to create good jobs and opportunities for working Rhode Islanders," Congressman Seth Magaziner said in a press release. The money comes from the federal government's State Small Business Credit Initiative Investing (SSBCI) in America Small Business Opportunity Program, which was expanded by the American Rescue Plan Act. The SSBCI says it supports small businesses across the country. In Rhode Island, the SSBCI has helped Commerce provide small businesses with legal, accounting and financial services. Rhode Island Secretary of Commerce Liz Tanner said, “This funding will provide critical technical assistance services to ensure even our state’s smallest entrepreneurs have the resources they need to grow and thrive." Close Thanks for signing up! Watch for us in your inbox. Subscribe Now Daily Roundup SIGN UP NOW