Economic Development
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Renovations raising hopes in West End
When the federal government repossessed the Medina Village apartments off Cranston Street in Providence’s West End in 2010, there was a real possibility the 22 vacant and decaying buildings in the complex would be abandoned. more

By Patrick Anderson
PBN Staff Writer | 3/25/13

Report: R.I. flunks out of economic prosperity, twice
Rhode Island has seen little to no improvement in economic opportunity indexes from 2011, the R.I. Center for Freedom and Prosperity announced Thursday following the release of its 2012 Report Card On RI Competitiveness. more
Report: R.I., nation need infrastructure improvements
Rhode Island is a state with 87 high-hazard dams, 156 structurally deficient bridges and 6,401 public road miles - 70 percent of which are considered to be of poor or mediocre quality. more
Cape Wind secures financing for wind farm construction
Cape Wind, the company behind a planned 468-megawatt offshore wind farm in Nantucket Sound, announced today that it is one step closer to starting construction. more
| 3/19/13
Merlo, fast-growing companies to headline Chamber event
CVS Caremark Corp. President and CEO Larry Merlo has agreed to be the keynote speaker for the opening session of The Garage, the Greater Providence Chamber of Commerce’s May 14 event at the R.I. Convention Center designed to take the place of the more than two-decade old Business Expo. more
| 3/19/13
Walsh looks to expand R.I. tax-free art zones
PROVIDENCE – Rep. Donna M. Walsh, D-Charlestown, has submitted legislation to boost Rhode Island’s arts community – and in turn, its economy – by extending Rhode Island’s existing tax-free art zones to include the entire state. more
3/18/13
RIF-funded projects tackle economic ills
The Rhode Island Foundation has put $630,000 into its belief that intensified collaborations among movers and doers can “Make It Happen” – “It” to include lowering the state’s stubbornly high unemployment rate, raising the household median income and closing education, employment and income gaps across the state. more

By Rhonda Miller
PBN Staff Writer | 3/18/13

Grant breathes life into self-employment program
Rhode Island workforce-development leaders are broadening the landscape for entrepreneurs with the revival of a state program that allows some residents collecting unemployment insurance to create a new business instead of hunting for a job. more

By Rhonda Miller
PBN Staff Writer | 3/18/13

Perks keep Collette on fast track
(Editor’s Note: This is the fifth in an occasional series of stories that will feature the companies and industries creating jobs in the region.) more
3/18/13
Activity of EDC in decline
Rhode Island’s economic-development arm has yet to find a cure for its 38 Studios LLC hangover. more

By Patrick Anderson
PBN Staff Writer | 3/18/13

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