(Updated 2:04 p.m.)
The Federal Reserve Bank of Boston and Gov. Gina M. Raimondo on Tuesday announced a new economic growth initiative aimed at incentivizing municipalities to work collaboratively across sectors in order to address issues affecting low-income residents.
A day after Gov. Gina M. Raimondo signed legislation authorizing the RhodeWorks bridge and overpass repair program, the state Department of Transportation late Friday afternoon posted four advertisements seeking private companies or consultants to help carry out the work.
There were 34 applicants, but 11 companies will receive state innovation vouchers allowing them to partner with a local university, research center or medical center for research and development assistance with a specific project.