News - Financial Services
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RIEDC's Saul Kaplan Discusses R.I.'s Economy with NPR's Robert Bailey
08/13/2008 - 10:14
Rhode Island Economic Development Corporation Executive Director Saul Kaplan talks with NPR's Robert Bailey about Rhode Island's "secret sauce:" its size, on the station's Marketing and Money segment.
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Time is Running Out to Apply for the 2008 Rhode Island Innovation Awards
08/06/2008 - 12:48
The Innovation Awards, presented by the Providence Business News in partnership with the Rhode Island Economic Development Corporation and Tech Collective, and sponsored by Cox Business, are designed to honor Rhode Island-based companies, organizations and individuals that constantly replace existing methods, models and products with better ones.
A short application form is due by August 20. Apply Now! -
Rhode Island Receives Top Marks in Two Economic Development Studies
08/01/2008 - 11:40
Two reports, measuring business cost and economic development climate, gave Rhode Island and Providence high marks in categories such as research and development, education climate and environmental efforts.
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RIEDC Financing Program to Create 90 New Jobs in Rhode Island
07/30/2008 - 07:48
The Rhode Island Economic Development Corporation’s Small Business Loan Fund (SBLF) has provided expansion capital loans totaling $1.75 million, enabling four Rhode Island businesses to create more than 90 new jobs.
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Saul Kaplan: Budget Discipline is Good for R.I. Economy
07/07/2008 - 12:34
The budget passed by the Rhode Island General Assembly and signed into law by Governor Carcieri is good for the state’s economy. Our 2008 Economic Growth Plan made clear that the state has to get control over its spending without raising broad-based taxes. The fiscal 2009 budget does exactly that. Do not underestimate how important this is to improving our business climate and stimulating job creation.
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RIEDC, Rhode Island Commodores Partner to Launch Attraction Campaign in High-wage Sector
02/26/2008 - 14:51
The Rhode Island Economic Development Corporation (RIEDC) today announced the launch of Opportunity: Rhode Island, a regional attraction campaign aimed at identifying expansion and relocation opportunities initially focused in the Financial Services, Information Technology and Digital Media, and Health and Life Sciences sectors. The campaign, funded in part by the Rhode Island Commodores, will use direct marketing, industry events and peer outreach to generate new business development leads.
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Boston’s Xconomy Commends R.I. Innovation Tax Credit
01/16/2008 - 15:29
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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Saul Kaplan: The promise of financial services
11/05/2007 - 03:00
Financial services companies in Rhode Island employ more than 26,000 people (an increase from 21,000 jobs in 1997) and bring in more than $1.5 billion in wages to the state each year. In 2006, the industry was one of the strongest contributors to the state economy. Despite these impressive statistics, Rhode Island can and should do more to cultivate this important business cluster. We have a lot to gain by doing so.
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Fidelity Constructing Largest Office Building in Rhode Island
10/17/2007 - 15:35
Fidelity Investments, one of the world's largest providers of financial services, is in the midst of building its next office building in its 500-acre Smithfield campus. When completed, the 577,000-square-foot, four-level structure will be the largest office building in the state and will house at least 1,000 employees by the third quarter of 2008.