Economic Development
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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
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
DLT lands $1M federal grant
The U.S. Department of Labor announced nearly $12 million in grants to states to improve the quality of workforce data, including a $1 million award to the R.I. Department of Labor and Training. more
| 6/8/12
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
Deloitte to audit 38 Studios’ books
The R.I. Economic Development Corporation has commissioned a forensic audit of 38 Studios LLC to learn how Curt Schilling’s beleaguered video game company ran out of money and how much the former pitcher has put into it. more
I-195 Commission approves plans for new park
The Interstate-195 Redevelopment District Commission has approved plans for a new waterfront park on the west side of the Providence River. more
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
RIPEC to examine EDC, as Chafee names 3 to board
The Rhode Island Public Expenditure Council will examine the current structure and operation of the R.I. Economic Development Corporation in light of the recent 38 Studios LLC loan guarantee debacle, Gov. Lincoln D. Chafee announced Thursday. more
EDC forms ‘litigation subcommittee’ to oversee 38 Studios lawsuits
A three-member “litigation subcommittee” was created by the R.I. Economic Development Corporation Board of Directors Monday night to oversee legal efforts to recover taxpayer funds lost from the failure of 38 Studios LLC. more
Alex and Ani to join city’s eclectic downtown mix
Downcity’s Westminster Street is a virtual smorgasbord of boutique shops with unique clothing, craft, and coffee shops lining a path from Empire Street to near Kennedy Plaza. more
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