News
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RIEDC Announces New Finance Program to Assist Rhode Island Growth Companies
Tuesday, February 26, 2008 - 12:48
The Rhode Island Economic Development Corporation announced legislation sponsored by House Majority Leader Gordon Fox and Senator William Walaska, Chairman, Senate Corporations Committee that seeks to increase available growth capital for Rhode Island companies well positioned to grow and create new high-wage jobs.
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Innovation Tour Recognizes Rhode Island Companies with an Innovative Approach to Business
Tuesday, January 29, 2008 - 04:00
Governor Donald L. Carcieri and the RIEDC are proud to celebrate Rhode Island's hometown heroes — the businesses, both big and small, that drive the state’s growing innovation economy. The RIEDC's 2008 Innovation Tour showcases businesses from across the state that have made innovation a priority.
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STAC Recommendations Seek Relocation, Expansion of Slater Fund Incubator and Accelerated Growth of Statewide Research Alliance
Friday, January 25, 2008 - 04:00
The Rhode Island Science and Technology Advisory Council (STAC) presented Governor Donald L. Carcieri and the Rhode Island General Assembly with a set of recommendations for activities the state can pursue in 2008 to increase Rhode Island's research and development activity, encourage entrepreneurship and new company creation and better enable all Rhode Island organizations to innovate.
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24 Scientists, 14 Institutions Receive Funding for Collaborative Projects
Friday, January 25, 2008 - 04:00
The Rhode Island Science and Technology Advisory Council (STAC) announced the awardees of the 2008 Collaborative Research Award program. The awards will provide support to nine projects, representing 24 scientists from 14 research organizations across Rhode Island. Award recipients in 2008 include academic and industry scientists pursuing research in medicine, police forensics, engineering, chemistry, biology, oceanography and environmental science.
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RIEDC Aids Goetz Custom Boats with Workforce Development, Financing
Tuesday, January 22, 2008 - 10:11
Bristol’s Goetz Custom Boats was recently awarded a Governor’s Workforce Board grant of $68,000 to train 20 new employees as well as financing that helped the company build a 43,000-square-foot manufacturing facility in Bristol. The Rhode Island Economic Development Corporation assisted Goetz in obtaining both the workforce grant and financing for their new facility.
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Boston’s Xconomy Commends R.I. Innovation Tax Credit
Wednesday, January 16, 2008 - 16:29
Boston/Cambridge-based “Xconomy” applauded the Rhode Island Science and Technology Advisory Council and the state for utilizing the Innovation Tax Credit, a targeted tax credit of up to $100,000, to stimulate investment in high-wage sectors.
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R.I. Sees Improvement in State Competitiveness Rankings
Wednesday, January 16, 2008 - 14:47
Moving up four places since 2006, Rhode Island was one of the fastest moving states in the Beacon Hill Institute at Suffolk University's "State Competitiveness Report 2007." This year Rhode Island ranked 21st overall, bolstered by strong showings in the technology, security and human resources categories.
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Neurotech Pharmaceuticals Announces Rhode Island Expansion Plan
Wednesday, January 16, 2008 - 14:34
Biotechnology company focused on sight-saving technologies is aided by state in developing new office and manufacturing facility
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Two EDC Initiatives Cited as PBN 2007 Stories of the Year
Monday, January 7, 2008 - 17:20
RI Nexus, the EDC's online hub for the state's info-tech and digital media community, and the agency's quick response to expedite the permitting process for Johnston’s FM Global - ensuring the company stayed in Rhode Island, were named two of the top 10 stories of the year by the Providence Business News.
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RIEDC Proposes Expedited Review Process to Assist High-Priority Economic Development Prospects
Wednesday, December 19, 2007 - 17:18
The Rhode Island Economic Development Corporation (RIEDC) today announced it will propose new rules to strengthen the agency's expedited permitting process, Certificate of Critical Economic Concern (CCEC). The agency cited the recent decision by commercial property insurer FM Global, Rhode Island's largest private company, to build a new $60 million, 340,000 square-foot headquarters in Johnston, as a model of how expedited review of high priority economic development projects can improve the state's business climate and retain and create high wage jobs in Rhode Island.