Investing
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TAUNTON, Mass. – The South Eastern Economic Development (SEED) Corporation recently made a micro loan to Newport Potters Guild to enable the small business to start a pottery and clay art gallery and create four new jobs. more
A few blocks south of the chewed up swath of land where Interstate 195 used to run through Providence’s Jewelry District is another dusty, vacant lot in need of a productive use: the former Ward Baking Co. Property. more
BlackRock Inc. and Fidelity Investments will be studied by U.S. regulators who are in the early stages of reviewing whether asset managers pose a potential risk to the financial system. more
A Colorado-based nonprofit on Wednesday said it will invest $2.2 million to support the expansion of Blackstone Valley Prep Mayoral Academy’s network of charter schools in Rhode Island. more
Brown University reported a 12.6 percent return on its investments for fiscal year 2013, up from a 1 percent return a year earlier, the university announced Tuesday. more
Matlet Group LLC, a Pawtucket-based packaging, printing and marketing company, announced Wednesday that Preferred Packaging Partners LLC of Providence has made an $8.5 million equity investment in the company. more
The Slater Technology Fund will invest an additional $100,000 in energy-management firm VCharge, bringing Slater’s total investment in the company to $600,000, Slater announced Monday. more
Following an elevator-pitch lineup of smart-app, Web-platform and mobile-messenger developers, whose intangible products live in lines of code, Amir Ata Ghofrani, the co-founder and CEO of Quitbit, took center-stage at the Oct. 3 open house at Betaspring’s Providence headquarters. more
Toronto-Dominion Bank, Canada’s second-largest lender by assets, isn’t on the lookout for another U.S. retail bank and doesn’t need to do a deal, CEO Ed Clark said. more
The word “angel” as a business term started off on Broadway to describe wealthy people who provided backing for theatrical productions. Today’s business angels have coalesced into groups that turned their attention from the bright lights and the roar of the crowds to a playbill focused on diverse industry sectors. more
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