News
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Governor Lincoln Chafee Announces $250,000 Grant for 195 Redevelopment Commission to Expedite Next Phase of Work
Tuesday, January 24, 2012 - 10:40
Governor Lincoln Chafee announced today that he is making a $250,000 grant available to the 195 Redevelopment Commission through the Rhode Island Economic Development Corporation. The grant will provide the Commission with the necessary operating funds to begin the next stages of its work, including engineering planning and environmental impact analysis.
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Governor Lincoln D. Chafee Announces New Central Falls Economic Expansion Initiatives and Increased Tax Exemptions
Thursday, January 19, 2012 - 11:05
Governor Lincoln D. Chafee announced today that, after stabilizing Central Falls' finances, the Office of the Receiver is now pursuing ways to expand the city's tax base while also offering tax relief for the state's poorest citizens. In order to grow its economy, Central Falls is unveiling an Economic Expansion Incentive Program designed to encourage significant capital investments and improvements to the city's building stock and spur the creation of new jobs within city limits. At the same time, state-appointed Receiver Robert G. Flanders, Jr. also proposes approximately 25% increases to a series of property tax exemptions aimed at homeowners, senior citizens, and veterans.
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Governor Lincoln D. Chafee Hosts Community Business Outreach Forums in Pawtucket, West Warwick, and Cranston
Tuesday, January 17, 2012 - 11:43
In his continuing effort to address the fiscal challenges of Rhode Island’s cities and towns and revitalize Rhode Island’s economy, Governor Lincoln D. Chafee hosted three packed community forums this week in Pawtucket, West Warwick, and Cranston to hear from dozens of local small business owners and discuss ways to help them succeed, grow the economy, and create jobs for Rhode Islanders.
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Governor Lincoln D. Chafee Announces America’s Cup World Series Host Committee
Monday, January 16, 2012 - 21:04
Governor Lincoln D. Chafee today announced the thirty-eight members of the America’s Cup World Series Host Committee. The Committee, established when Governor Chafee signed Executive Order 11-11 last month, will coordinate Rhode Island’s efforts to ensure a successful event. Brad Read, Executive Director of Sail Newport, will serve as Chairman.
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Governor Chafee and RIEDC Board Authorize Establishment of a Private-Public Partnership with Providence Chamber of Commerce
Tuesday, December 20, 2011 - 10:12
Governor Lincoln D. Chafee and the Rhode Island Economic Development Corporation Board of Directors today authorized the agency’s Executive Director Keith Stokes to move forward with plans to create a formal private-public partnership with the Greater Providence Chamber of Commerce to grow the state’s knowledge economy. The joint effort will be focused on attracting out-of-state businesses to relocate near the high concentration of medical and research institutions, technical and creative talent, and high-tech companies already in downtown Providence.
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Governor Lincoln D. Chafee Signs Executive Order Creating America’s Cup World Series Host Committee
Thursday, December 1, 2011 - 16:50
Governor Lincoln D. Chafee today signed Executive Order 11-11, establishing the America’s Cup World Series Host Committee. The Committee will serve as the state’s principal entity for the coordinated effort to successfully host the America’s Cup World Series, which will take place June 23 – July 1, 2012 in Newport. Brad Read, Executive Director of Sail Newport, will serve as Chairman. The Rhode Island Economic Development Corporation (RIEDC) has estimated that the event could create hundreds of new jobs and pump more than $70 million into the state’s economy.
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Chafee Administration Delegation to Get First-Hand Look at America’s Cup World Series Event in San Diego
Tuesday, November 15, 2011 - 16:12
Rhode Island officials will be traveling to San Diego, CA this week to gain a first-hand perspective on what the state will need to do to prepare for hosting the final stop of the new America’s Cup World Series taking place in Newport from June 23 to July 1, 2012.
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RIEDC Announces Armeather Gibbs as Managing Director of Urban Finance and Business Development
Monday, October 31, 2011 - 15:07
As part of an ongoing organizational realignment to better serve businesses, promote job creation and revitalize urban communities, Rhode Island Economic Development Corporation Executive Director Keith Stokes today announced that Armeather Gibbs has been named as the agency’s Managing Director of Urban Finance and Business Development.
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Senator Dennis L. Algiere and the RIEDC Celebrate the Start of the Westerly-Pawcatuck YMCA Branch Renovation Project
Friday, October 28, 2011 - 10:58
Senator Dennis L. Algiere, the RIEDC Managing Director of Finance Earl Queenan, Ocean Community YMCA President/CEO Maureen Fitzgerald and other key stakeholders joined together today to celebrate the start of the Westerly-Pawcatuck YMCA branch renovation project.
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Governor Chafee and RIEDC Executive Director Keith Stokes Announce $2.7 Million in Renewable Energy Grants
Thursday, October 27, 2011 - 09:35
Governor Lincoln D. Chafee and Rhode Island Economic Development Corporation Executive Director Keith Stokes today announced $2.7 million in new grants through the RIEDC’s Renewable Energy Fund (REF) that will help accelerate 16 renewable energy projects with combined private and public investments totaling $5.7 million.
