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URI Innovations Awarded $2.5M to Expand RISE-UP Program

August 19, 2026

2 min read

Key Takeaways

URI Innovations received $2.5 million in funding from the U.S. Office of Naval Research.
The funding will expand entrepreneurship, commercialization, and workforce development programs.
RISE-UP has trained over 300 innovators across Rhode Island, Alaska, and Hawai'i.
The program supports national security, economic growth, and workforce development.

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Strategic Implications

This funding may indicate the U.S. Office of Naval Research's growing interest in dual-use technologies for maritime and defense applications. The expansion of RISE-UP could strengthen Rhode Island's position as a hub for maritime technology and defense innovation, which suggests potential benefits for local companies and the national economy.

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What Happened

Strengthening Rhode Island's Defense And Maritime Innovation Ecosystem

The University of Rhode Island has received $2.5 million in funding from the U.S. Office of Naval Research to advance the next phase of its Regional Innovation by Scaling Entrepreneurship via University Partnerships (RISE-UP) initiative. The program, which has already trained over 300 innovators, aims to accelerate dual-use technologies for maritime, energy, and defense applications. With this funding, URI Innovations will expand support for researchers, students, faculty, and entrepreneurs, and strengthen collaboration among universities, industry, government, and defense partners. This development was first reported by Rhody Today.

Source | Originally Published: August 18, 2026

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Technology & Systems

URI Innovations Awarded $2.5M to Expand RISE-UP Program

August 19, 2026

2 min read

Key Takeaways

URI Innovations received $2.5 million in funding from the U.S. Office of Naval Research.
The funding will expand entrepreneurship, commercialization, and workforce development programs.
RISE-UP has trained over 300 innovators across Rhode Island, Alaska, and Hawai'i.
The program supports national security, economic growth, and workforce development.

Silver membership required Upgrade to Silver to access Key Takeaways.

Upgrade

Strategic Implications

Silver membership required Upgrade to Silver to access Strategic Implications.

Upgrade

What Happened

Strengthening Rhode Island's Defense And Maritime Innovation Ecosystem

Source | Originally Published: August 18, 2026

Companies Mentioned

University of Rhode Island URI Innovations Saab Inc. Anduril HavocAI VATN Systems General Dynamics Electric Boat