Economic Development
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344 results total, viewing 71 - 80
Capital is in line for next-gen rail
When Boston venture-capital firm Braemar Energy Ventures was deciding where to relocate a West Coast smart-grid company it had just purchased, high-speed and commuter train service helped give Providence an edge. more
EDC grants $1M loan guarantee to eNow Inc.
The R.I. Economic Development Corporation has guaranteed a $1 million loan to eNow Inc., an expanding Providence company that makes solar power systems for trucks. more
Suit over 38 Studios deal risks collateral damage
Rhode Island’s $75 million loan guarantee to 38 Studios LLC was already synonymous with bad judgment. The state’s lawsuit against the deal’s participants now attempts to link it with fraud and incompetence. more

By Patrick Anderson
PBN Staff Writer | 11/12/12

Film credits now target local projects
As the most active movie producer in Rhode Island and recipient of $946,000 in state film tax credits over the last two years, Chad Verdi stood to potentially lose out when lawmakers began working on an overhaul of the program in reaction to 38 Studios’ demise this spring. more
Lardaro: Economic indicators ‘show some real strength’ in August
Economic conditions in August could signal a re-acceleration of Rhode Island’s economic recovery, with most measured factors showing improvement according to University of Rhode Island economist Leonard Lardaro’s August Current Conditions Index. more
I-195 Commission worries over budget
The commission managing the former Interstate-195 lands considered the $900,000 in this year’s state budget the minimum needed each year to redevelop and maintain the downtown properties. But I-195 Commission Chairman Colin Kane said Monday that state budget officials have told him they expect that money to last three years. more
Missed opportunity on credits
Cornish Associates President and CEO Arnold “Buff” Chase said his company has five historic Providence buildings lined up to buy and restore once Rhode Island brings back its historic tax credit program. more
Brown report highlights contributions to R.I. economy
In a six-part report prepared by New York-based Appleseed Inc., Brown University outlines its contributions to the Rhode Island economy, including a nearly $180 million investment in research, patent generation and startup creation. more
Mass. approves Cape Wind, NSTAR PPA
The Massachusetts Department of Public Utilities has approved the 15-year power purchase agreement between Cape Wind and NSTAR, Cape Wind announced Monday. more
| 11/26/12
New vision for historic square rooted in old
There are streets in Newport today that a colonist who witnessed the first public reading of Rhode Island’s Royal Charter of 1663 might recognize. more

By Patrick Anderson
PBN Staff Writer | 10/22/12

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