Economic Development
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R.I. Foundation holding ‘Make It Happen RI’
The Rhode Island Foundation and President and CEO Neil D. Steinberg will host “Make It Happen RI” on Friday and Saturday, Sept. 7 and 8. The event is designed to identify specific plans, along with the path to implement them, that in the end will help to create economic activity in the state that supplements what the private sector is doing currently. more
| 7/30/12
Cornish tapped to convert Superman building to apartments
Cornish Associates has been hired to redevelop the Industrial Trust Tower at 111 Westminster St. in downtown Providence and turn the city’s tallest building into apartments. more
Stokes joins Mayforth Group
Former R.I. Economic Development Corporation Executive Director Keith W. Stokes has joined The Mayforth Group, the Providence-based consulting firm announced Wednesday. more
| 9/5/12
R.I. Port Services named terminal operator by QDC
The Quonset Development Corp. has named Rhode Island-based company R.I. Port Services as the new terminal operating agency for container handling at the Port of Davisville, the seventh largest auto importer in North America. more
| 9/13/12
SBA approves R.I. purchase of Rocky Point property
The U.S. Small Business Administration has accepted Rhode Island’s offer to purchase the remaining land at Rocky Point in Warwick for the development of a future state park, Gov. Lincoln D. Chafee announced Monday. more
| 9/17/12
IlluminOss lands $28M in Series C financing round
East Providence-based medical device firm IlluminOss Medical Inc. - founded by Robert A. Rabiner in 2007 - has raised $28 million in a Series C financing round that included the Slater Technology Fund. more
R.I. Foundation calls for change at Make It Happen RI forum
“Things need to change” in the Ocean State economy, Rhode Island Foundation Executive Director Neil Steinberg told business and community leaders Friday morning in a plea for new ideas at the nonprofit's Make It Happen RI forum. more
Report: Minimum wage bump will cost 200 jobs
By raising the state minimum wage from $7.40 to $7.75, the General Assembly will make it even more difficult for teenagers to find jobs, according to a new report from the Rhode Island Center for Freedom and Prosperity. more
| 6/18/12 | 2 comments
Cape Wind chooses Falmouth as base of operations
Cape Wind Associates plans to base its wind farm operations in Falmouth, Mass., reported the Boston Business Journal. more
| 8/23/12
Chafee chooses EDC official to head agency
Gov. Lincoln D. Chafee plans to nominate William J. Parsons, current managing director of community and business development, to be the next executive director of the R.I. Economic Development Corporation. more
| 11/29/12
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