Updated March 4 at 7:04pm
Economic Activity
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(Updated, 3:50 p.m., Aug. 28) Some of the region’s most buzzworthy companies have been named in Providence Business News’ third Fastest-Growing & Innovative Companies awards program. Companies with the largest percentage growth of revenue from 2011 to 2013 in four revenue size categories, along with the most innovative companies in each of 10 industry categories, will be feted on Sept. 10 at an oceanfront event at Newport’s Rosecliff Mansion. more
Johnson & Wales University Monday unveiled plans for a new $40 million academic building on former Interstate 195 land in Providence’s Jewelry District. more
Movoto Real Estate has named Rhode Island’s capital city the most “exciting” mid-sized city in the country, awarding high scores for Providence’s young population and vibrant nightlife. more
Venture capitalists invested $124.1 million in Rhode Island companies in 2014, $42 million more than in 2013, and the largest amount to date, according to the MoneyTree Report by PricewaterhouseCoopers LLP and the National Venture Capital Association. more
The nonprofit Olneyville Housing Corp. has purchased 14 residential properties over the past year in the area of Amherst and Chaffee streets, and will renovate the buildings to create more affordable housing. more
Rhode Island’s capital city ranks second in the nation for 2014 as one of the most livable downtowns in the U.S., according to Livability.com, a blog that produces the rankings annually. more
Lawrence A. Aubin has been named chairman of Lifespan’s board of directors. Aubin was elected chairman at Lifespan’s annual meeting Tuesday. more
Gov. Lincoln D. Chafee and the Quonset Development Corporation announced Tuesday that international food manufacturer Greencore USA has entered a new 50-year lease at Quonset Business Park and will employ as many as 393 people at the facility it plans to build there. more
(Updated Feb. 24) Rhode Island’s teacher preparation policies are among the strongest in the country, earning the Ocean State an overall grade of B+, according to the National Council on Teacher Quality. more
Part of the Red Sox ownership group will purchase the Pawtucket Red Sox, according to a Boston Globe report. more
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