Updated February 25 at 12:29am
Economic Development
294 results total, viewing 61 - 70
Problem: Although known for its mansions, Newport has issues with poverty, education and mobility. The Newport Working Cities team reports subpar graduation rates – 79 percent – high child-poverty rates – 24.4 percent – and a mass exodus, as … more
Disadvantaged neighborhoods, crime-ridden streets, a racial divide splitting a city into two and high unemployment rates among racial minorities: They are all problems Rhode Island communities say they are ready to tackle, with the help of the Federal Reserve Bank of Boston's Working Cities Challenge. more
(Updated 2:15 p.m.) Citing Providence’s “hip vibe” and talent pool, Virgin Pulse, which acquired ShapeUp Inc. earlier this year, plans to expand its Rhode Island presence and create nearly 300 new jobs in the city over the next five years. more
Problem: Beachcombers who frequent Westerly's coastline might not get to see the North End neighborhood, which is struggling. Last school year, more than 53 percent of students attending Springbrook Elementary were eligible for subsidized lunch – … more
Problem: The Pawtucket unemployment rate exceeds state and national averages, while 32.1 percent of children younger than 18, and 15.2 percent of adults older than 65 are living in poverty. The majority of people in these demographics are immigrants … more
WaterFire received a $250,000 grant from The Champlin Foundations on Thursday to help fund its “Inspire, Imagine, Ignite – The Campaign for WaterFire” capital fundraising initiative, the public phase of which launched Thursday evening during the second annual FireBall. more
Abigail P. Johnson, president and CEO of FMR LLC, the parent company of Fidelity Investments, and Gov. Gina M. Raimondo will be featured speakers at the Greater Providence Chamber of Commerce’s 2016 Economic Outlook Luncheon on June 2 at the R.I. Convention Center. more
Now that the Rhode Island Foundation has created a road map to boost opportunities for small-business success in the Ocean State, who will step up to follow it? On Feb. 14, the foundation published "Rhode Island Small Business Supports," … more
Problem: East Providence is losing young adults, as the number of residents aged 25-34 years old fell 30 percent from 1990 to 2015. The East Providence Working Cities team has identified Riverside Square as an area where there's a large population … more
Thirteen communities are eligible to participate in the Working Cities Challenge through the Federal Reserve Bank of Boston and receive between $300,000 and $500,000 over a three-year period to implement initiatives to improve the lives of low-income residents. more
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