Rhode Island Industrial Site Readiness

Capital Investment Application

"*" indicates required fields

1Authorized Agent

2Site

3Capital Investment Details

Name

This field is for validation purposes and should be left unchanged.

Name*

First Last

Email address*

Phone Number*

Address*

Sreet Address City/Town State Zip Code

Title/Relationship to the Site*

i.e. land owner, utility owner, Public Works Director, Business Partner, etc.

Organization/Company

If applicable

Project Name*

Project identification within this system

Identification of whether the primary intent of the Site is for*

Upgraded or improved infrastructure in support of the Targeted Uses;

Expansion of an existing industrial use or facility; or

Development of a facility for a new Targeted Use.

A description of the project/work for which Capital Investment is being sought*

A short narrative regarding the need for the Capital Improvement as it relates to activation of land for the Targeted Uses*

The amount of the Capital Investment requested from the RI Ready Program*

Please enter a number greater than or equal to 0.

The total capital cost of the project, inclusive of RI Ready Funding and other funding sources*

Please enter a number greater than or equal to 0.

Has a tenant been identified for the Site?*

Yes

Is the site a redevelopment site?*

Yes

Also, the following documentation must be uploaded with the Capital Investment Application in order for it to be deemed complete:

A list and status of all required Federal, State and/or municipal approvals and/or permits required for the Site.
A permitting (if such has not yet been completed) and construction schedule for the Site.
A pro forma for the Site including a description of the financing for the Site, all sources and amounts of funding, projected internal rate of return, net margin, return on investment and cash on cash yield. The pro forma must also identify ongoing operation and maintenance costs, and provide information about how those costs will be covered.
An economic analysis for the project that is proposed on the Site, including an estimate of the number of new jobs to be produced, the amount of new State and local tax revenue to be generated and the level of new private investment. (If funding is requested for an infrastructure improvement to support an industrial district, the analysis should look at the potential build-out of the district with the infrastructure in place.)

If funding is requested for development of a facility (not an on- or off-site improvement, community infrastructure project, or land acquisition), the Capital Investment Application must also include a business plan for the facility, including a market study.

Drop files here or

Accepted file types: pdf, doc, docx, xls, xlsx, dwg, gdb, Max. file size: 32 MB, Max. files: 10.

** Only PDF, Word, Excel, AutoCAD (.dwg), ArcGIS (.gdb) files accepted. Maximum file size: 32MB

I agree that all information submitted in relation to this application may be made publicly available in compliance with applicable state law.