News - General
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Governor Carcieri and RIEDC Executive Director to Tour R.I's Emerging Information, Manufacturing and Green Energy Companies
03/03/2010 - 14:32
Governor Donald L. Carcieri and the RIEDC today announced several planned tours of Rhode Island-based small businesses operating in the state’s emerging growth sectors: information technology, advanced manufacturing and green energy.
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Every Company Counts Hosts Office Hours at Local Chambers of Commerce
03/02/2010 - 15:14
Every Company Counts (ECC), the small business initiative of the Rhode Island Economic Development Corporation, today announced it will hold regular office hours at Rhode Island’s Chambers of Commerce, bringing ECC’s services to the Ocean State’s local communities.
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Rhode Island Receives $22.3 Million Stimulus Grant to Support Improvements at Quonset
02/18/2010 - 17:11
Governor Donald L. Carcieri today announced that the Quonset Development Corporation (QDC), a subsidiary of the Rhode Island Economic Development Corporation (EDC) was awarded a $22.3 million Transportation Investment Generating Economic Recovery (TIGER) grant from the US Department of Transportation.
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Senate Confirms RIEDC Executive Director Keith Stokes, New RIEDC Board Members
02/12/2010 - 14:04
The Rhode Island Economic Development Corporation announced that Keith W. Stokes was unanimously confirmed as the agency’s executive director by the Senate. The Senate also confirmed Carcieri’s 12 nominees to RIEDC’s Board of Directors.
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18 Scientists, Eight Institutions Receive More Than $1 Million for Collaborative Research Projects
02/03/2010 - 13:48
The Rhode Island Science and Technology Advisory Council (STAC) today announced the awardees of the 2010 Collaborative Research Awards program. The awards will support six projects, representing 18 scientists from eight organizations throughout Rhode Island.
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RIEDC Awards $10,000 Small Business Loan to Spirare Surfboards
02/02/2010 - 12:39
The Rhode Island Economic Development Corporation today announced that its Small Business Loan Fund has awarded start-up company Spirare Surfboards a $10,000 micro-business loan. The loan will help the newly established surfboard company, which produces surfboards with a fine-art design, a high degree of functionality and eco-friendly materials, expand its business.
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Governor Carcieri Appoints Members to RIEDC Board of Directors
01/27/2010 - 10:57
Governor Carcieri announced appointments to the RIEDC Board of Directors. The appointments are subject to the review and consent of the Rhode Island State Senate. The board was expanded from nine to thirteen members.
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Office of Energy Resources Offers Renewable Energy Grants to Rhode Islanders through Recovery Act
01/11/2010 - 16:39
The Rhode Island Office of Energy Resources today announced that the Office is accepting grant applications for non-utility scale renewable energy projects in Rhode Island. The grants, totaling $8,395,000, are funded through the American Recovery and Reinvestment Act of 2009 (ARRA) and are available to Rhode Island residents, businesses, municipalities, non-profit organizations, academic institutions. The grants are designed to help pay for up to 25 percent of the up front costs of renewable energy projects.
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Governor Carcieri Names Keith Stokes Executive Director of Rhode Island Economic Development Corporation
01/05/2010 - 14:03
Governor Donald L. Carcieri today appointed Keith Stokes as Executive Director for the Rhode Island Economic Development Corporation (RI EDC). Under the terms of the agreement, Stokes, 51, will serve in the position for one year, pending advice and consent of the Rhode Island State Senate.
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Governor Carcieri Appoints Ioanna T. Morfessis as Executive Director of RIEDC
12/11/2009 - 12:01
Governor Donald L. Carcieri today appointed Ioanna T. Morfessis as Executive Director of the Rhode Island Economic Development Corporation. As Rhode Island’s chief operating officer for economic development, the EDC Executive Director guides the state’s efforts to provide assistance to businesses, municipalities, chambers of commerce, academic institutions, and professional and civic associations. The position is subject to the advice and consent of the Rhode Island State Senate.
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Deepwater Wind and National Grid Sign 20-Year Power-Purchase Agreement for Offshore Wind Energy
12/10/2009 - 17:04
Governor Donald L. Carcieri today announced that Deepwater Wind and National Grid have signed a 20-year, power-purchase agreement, marking a significant milestone in Rhode Island’s path toward developing the nation’s first offshore wind farm and establishing a green-collar industry. The agreement marks only the nation’s second such power-purchase agreement for renewable, offshore wind energy.
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RIEDC Board of Directors Approve Funding for Three Renewable Energy Projects
11/30/2009 - 13:20
On November 23, the Rhode Island Economic Development Corporation’s Board of Directors voted in favor to partially fund three projects put forth by the Renewable Energy Fund (REF). The funding will support the installation of two solar systems and a wind turbine.
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Governor Carcieri and RIEDC Unveil Statewide Strategic Plan for Office and Industrial Site Development
11/23/2009 - 17:10
Governor Donald L. Carcieri and the Rhode Island Economic Development Corporation today announced the release of the “Statewide Strategic Plan for Office and Industrial Site Development.” The plan proposes general site development recommendations as well as more specific recommendations based on geographic area that will position Rhode Island to compete for new economic opportunities.
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RIEDC Awards $225,000 Small Business Loan Fund to Nationwide Diesel Technologies, Inc.
11/17/2009 - 16:31
The Rhode Island Economic Development Corporation (RIEDC) today announced that Nationwide Diesel Technologies, Inc (NDT) has been awarded a $225,000 loan by the agency’s Small Business Loan Fund. The financing will enable NDT, which operates a technical training facility in Smithfield, to open the Trades Training Center of Rhode Island, a new training center in Quonset/Davisville on February 15 and hire 15 additional employees.
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Rhode Island Ranks in Top 10 for Energy Efficiency
10/26/2009 - 14:30
Rhode Island is now ranked the 9th most energy efficient state for 2009, according to a survey conducted by the American Council for an Energy Efficient Economy. This is up from its rank of 11 in 2008.
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Rhode Island Economic Development Corporation Releases 2009 Economic Growth Plan Review and Report
10/06/2009 - 14:46
The RIEDC has completed a comprehensive review of its activities since the initial release of its 2009 Economic Growth Plan. Central to this review are details surrounding the ongoing efforts of the plan and new initiatives to get Rhode Island Working Again.
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RIEDC Approves $1.2 Million in Renewable Energy Funding
09/22/2009 - 14:42
The RIEDC's Board of Directors and Interim Executive Director approved over $1.2 million in funding from the Corporation’s Renewable Energy Fund for eight renewable energy projects. The awards will create an estimated 21 full and 100 part-time positions.
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RIEDC Recognized for Marketing and Promotion Excellence
09/22/2009 - 13:44
The RIEDC is the recipient of four marketing and promotional awards from the Northeastern Economic Developers Association’s (NEDA) 2009 Literature and Promotion Awards.
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RIEDC Funds $250K Small Business Loan to Material Sampling Technologies, LLC
09/17/2009 - 09:53
The RIEDC announced the funding of a $250,000 Small Business Loan to Material Sampling Technologies, LLC (MST). MST is a new company which recently located its business in North Smithfield, Rhode Island.
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RIEDC Celebrates REF Grant Recipients
09/03/2009 - 23:15
The Renewable Energy Fund recently awarded 17 grants to Rhode Island communities, organizations and businesses that will fund renewable energy development projects or feasibility studies. To highlight the diverse array of renewable energy projects, the RIEDC has been hosting local events where community members, business owners, government affiliates and media have been in attendance.
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Mayor Cicilline Joins State Officials in Announcing Alteris Renewables Offices Locating in Providence
08/05/2009 - 15:03
Mayor David N. Cicilline, along with state economic development officials, announced the opening of the new offices of Alteris Renewables, Inc. - the largest renewable energy systems installer in the Northeast – in Providence.
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Slater-Backed Cardiorobotics Closes $11.6 Million Series A Financing
08/05/2009 - 12:57
The Slater Technology Fund announced today that one of its portfolio companies, Cardiorobotics, Inc., has closed on an $11.6-million Series A financing. Slater participated in the financing round, which was led by Eagle Ventures.
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CVS Caremark Partners with State and Local Agencies to Recruit and Train Pharmacy Techs for New Customer Care Center
07/16/2009 - 10:41
CVS Caremark announced today that it is partnering with several state and local agencies in Rhode Island to recruit and train certified pharmacy technicians for jobs at its new Pharmacy Customer Care Center in Cumberland, RI.
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Governor Carcieri Hails Deepwater Wind Rhode Island Lease Agreement at Quonset Business Park
06/30/2009 - 09:09
Governor Carcieri today hailed the Quonset Development Corporation Board of Directors’ approval of a development agreement to lease 117 acres to Deepwater Wind Rhode Island, LLC in the Quonset Business Park for the development of the company’s regional manufacturing facility and its regional development headquarters.
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Rhode Island Innovation Network Holds Kick-Off Event
06/18/2009 - 13:54
A half-day workshop was the kickoff event for the Rhode Island Innovation Network and Business Development Program.
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Rhode Island Companies Seek to Expand Composite Technology Expertise at 2009 SAMPE Show
05/28/2009 - 09:39
The Rhode Island Economic Development Corporation, in partnership with Rhode Island organizations such as Goetz Custom Technologies, Resolute Racing Shells, Vulcan Catalytic Systems and the New England Institute of Technology showcased their composite technology capabilities and explored new market opportunities at the Society for Advancement of Material and Process Engineering (SAMPE) 2009 in Baltimore.
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Governor, State Tourism Officials Celebrate “Tourism Works for Rhode Island,” at 24th Annual Industry Tourism Luncheon
05/14/2009 - 13:02
Governor Donald L. Carcieri, state tourism officials and more than 300 members of the tourism and hospitality industry gathered for the 24th Annual Tourism Unity Luncheon at the Westin Hotel in Providence. The theme of this year’s luncheon, “Tourism Works for Rhode Island,” celebrates the tourism industry’s tremendous economic impact on the state.
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Officials from Lakeland Community College, Virginia Community College System to Present “Best Practices” to CCRI Commission
05/14/2009 - 09:53
The second meeting of the Community College of Rhode Island 21st Century Workforce Commission will be held on May 15 at the Rhode Island Economic Development Corporation’s Providence office and will focus on career pathways.
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REF, DEM, Senator Reed Celebrate Wind Turbine at Salty Brine Beach
05/05/2009 - 12:32
RIEDC's Renewable Energy Fund joined the Department of Environmental Management and Senator Jack Reed to mark the groundbreaking of a wind turbine project at Salty Brine State Beach in Narragansett. The Renewable Energy Fund, provided a $32,175 grant for funding of the wind turbine.
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RI-CIE Launches in Providence as Resource for Entrepreneurs
04/28/2009 - 09:59
The Rhode Island Center for Innovation and Entrepreneurship will formally open its headquarters at One Davol Square on Tuesday, April 28, 2009. RI-CIE is a cooperative effort among Providence, the state, Brown University, and business and economic development officials.
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Governor’s Workforce Board Awards $320,000 in Grants to Local Companies
04/27/2009 - 11:45
The Rhode Island Economic Development Corporation (RIEDC), in conjunction with the Governor’s Workforce Board, today announced that four local Rhode Island companies qualified to receive more than $320,000 in workforce training grants.
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RI Nexus Continues its College Tour at Salve Regina University
04/16/2009 - 15:22
Through RI Nexus and its College Tour, the RIEDC aims to forge a deeper connection with Rhode Island’s students — focusing on retaining college students in the state.
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RIEDC is now on Twitter
04/15/2009 - 10:47
Stay on top of the latest economic development news and events. Follow RIEDC on Twitter:
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Rhode Island to be Represented at 2009 BIO International Convention
04/15/2009 - 03:00
The Tech Collective, Rhode Island’s Information Technology and Bioscience Industry Association, will be partnering with the New England Biotech Association (NEBA) to represent the state’s Bioscience industry at the 2009 BIO International Convention on May 17-21, 2009 in Atlanta, GA.
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Rhode Island Division of Tourism Releases Official 2009 Travel Guide
03/30/2009 - 09:43
The Official 2009 Rhode Island Travel Guide is now available, providing visitors from far and near extensive details about vacation opportunities in the Ocean State. The Travel Guide, which has been updated with new images and event information, provides recommended itineraries and features a comprehensive listing of cultural and recreational activities, events, transportation options and lodging for each region of the state.
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New International Yacht Restoration School Marine Systems Training Facility Being Launched
03/17/2009 - 14:01
The latest in a development of commercial facilities on Franklin Street in Bristol isn’t just another new building. Scheduled for its Official Opening on March 28, the building at the corner of Franklin and Buttonwood Streets “represents the culmination of an idea to bring the marine trades and related educational programs together”, according to Andy Tyska, Developer of the Franklin Street Marine Corridor.
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Quonset’s Port of Davisville is North America’s 5th Largest Auto Importer
03/16/2009 - 15:27
Quonset’s Port of Davisville now ranks as the fifth busiest auto importer in North America, according to new statistics compiled by PIERS Maritime Research Services and the Quonset Development Corporation (QDC).
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Customized Training Funding Available From Workforce Partnership of Greater R.I. and Workforce Solutions
03/16/2009 - 15:10
Rhode Island's two local workforce investment boards, the Workforce Partnership of Greater Rhode Island and Workforce Solutions of Providence/Cranston, are releasing up to $500,000 to Rhode Island businesses in order to finance customized training programs for new hires.
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Coty Inc. Signs Lease at Cumberland Commerce Center
03/16/2009 - 14:53
The Economic Development Foundation of Rhode Island, Inc. (“EDFRI”) announced that Coty Inc. has signed a lease for 5,500 square feet in Cumberland Commerce Center, Building II, Highland Corporate Park, Cumberland, Rhode Island.
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Rhode Island Business Owner Writes Letter of Support for RIEDC’s Innovation Tax Credit and Workforce Training Services
03/16/2009 - 14:40
In a recent letter to the Providence Journal, Bernie Lambrese, CEO of Infusion Resource, called the Rhode Island Economic Development Corporation’s Innovation Tax Credit and workforce training grants critical to supporting and creating jobs.
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InQuest Technologies Celebrates the Relocation of its International Headquarters from Massachusetts to Rhode Island
02/11/2009 - 04:00
InQuest Technologies, Inc., held a ribbon cutting ceremony to mark the grand opening of their new corporate headquarters in Providence, RI.
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Every Company Counts Launches New Website
02/10/2009 - 11:10
Every Company Counts (ECC), the small business initiative of the Rhode Island Economic Development Corporation (RIEDC), today announced the launch of its redesigned and streamlined website —EveryCompanyCounts.com.
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URI Opens Center for Biotechnology and Life Sciences
01/26/2009 - 04:00
The University of Rhode Island officially opened the doors today to the Center for Biotechnology and Life Sciences, the largest classroom and research building project in its history, with a grand celebration attended by numerous public officials, industry executives, and hundreds of URI faculty, staff and students.
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RIEDC’s Renewable Energy Fund Awards First Municipal Grant
01/21/2009 - 08:20
RIEDC’s Renewable Energy Fund (REF) Awards First Municipal Grant Town of Jamestown receives $30,000 for wind energy feasibility study.
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Rhode Island Receives "International Star Diamond Award" in Tourism
01/08/2009 - 14:30
Rhode Island becomes the first state to receive the "International Star Diamond Award" by the American Academy of Hospitality Services for excellence in tourism.
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Rhode Island Tourism Website Named Third Best by Build !nternet
01/08/2009 - 12:45
The Rhode Island state tourism website was recently rated third best in the nation by Build !nternet in its “finest of the bunch” category.
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Mike Saul: Rhode Island Continues Foray Into Idea Making
12/29/2008 - 11:12
Over the last few decades Rhode Island’s economy has changed in fundamental ways. Like the rest of the nation, the state’s economy has shifted from a reliance on machinery and equipment to “knowledge workers” who generate ideas and information. The state must now compete in an economy where innovation and knowledge are the primary drivers of economic growth.
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Rhode Island Companies Attend World's Largest Medical Trade Fair
12/22/2008 - 15:10
In November 2008, the Rhode Island Economic Development Corporation partnered with the U.S. Commercial Service, a federal trade promotion unit of the International Trade Administration, to help four leading Rhode Island medical companies participate in the “Best of New England Pavilion” at MEDICA 2008 in Dusseldorf, Germany.
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Rhode Island Companies Attend World's Largest Medical Trade Fair
12/03/2008 - 16:53
Top Rhode Island medical companies attend the world’s largest medical trade fair in Germany with assistance from RIEDC