Rhode Island's startup scene is supported by a core group of local accelerators and funds. Among them, Betaspring has made around 75 investments in tech startups, while Slater Technology Fund has backed 50 companies.

Beyond general tech, the state provides support for specific industries. This includes incubators for food entrepreneurs and programs for social impact ventures.

Below is our list of the best 6 accelerators and incubators in Rhode Island.

Failory's Top 6 Picks

Slater Technology Fund provides crucial seed funding for technology-based startups, helping entrepreneurs build companies with high-growth potential. As one of Rhode Island's most active early-stage investors, the state-backed fund focuses on fostering local innovation and impact.

Year Founded1997
FoundersLincoln Almond
Nº of Investments50
Nº of Exits9

Through its mentorship-driven program, Betaspring helps technology and design startups get off the ground. Now operating as RevUp, they provide non-equity cash investments and hands-on support to B2B and B2C companies that are ready to scale.

Year Founded2009
FoundersJack Templin, Owen Johnson, Allan Tear
Nº of Investments75
Nº of Exits8

Focused on revenue-driven B2B and B2C companies, RevUp Capital offers a non-dilutive funding model to fuel growth. Their hands-on support helps founders scale operations and increase revenue without sacrificing equity in their business.

Year Founded2015
FoundersMelissa Withers, Bill Cesare, Allan Tear
Nº of Investments4
Nº of Exits

Hope & Main gives aspiring food entrepreneurs a leg up by providing access to low-cost, shared-use commercial kitchens and industry-specific resources. The nonprofit incubator has successfully launched over 450 local food companies, helping to build a more vibrant and diverse culinary community.

Year Founded2014
Founders
Nº of Investments
Nº of Exits
RIHub Logo

5. RIHub

RIHub strengthens Rhode Island's innovation economy by connecting entrepreneurs with a robust network of mentors, investors, and resources. Through its flagship Venture Mentoring Service, the organization provides critical guidance to help startups across diverse sectors launch and scale their businesses.

Year Founded2019
FoundersAnnette Tonti, Gina Raimondo
Nº of Investments
Nº of Exits
Program TypeOnline

Dedicated to creating positive social and economic impacts, Social Enterprise Greenhouse supports mission-driven entrepreneurs and their ventures. They offer a comprehensive ecosystem of tools, funding, and networks to help these social enterprises flourish and scale.

Year Founded2009
Founders
Nº of Investments3
Nº of Exits