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38 Studios tells court it missed sales goal
In a reversal of public statements made in the wake of the revelations of its financial difficulties, executives of 38 Studios LLC told U.S. Bankruptcy Court in Delaware that its its first product, the video game “Kingdoms of Amalur: Reckoning,” did not meet its sales expectations. more
| 7/10/12
Sexy Period rebrands, names COO
Sexy Period - the Providence startup maker of fashionable, leak-resistant undergarments – has rebranded to Underbrella to appeal to a broader clientele base, the company announced Monday. more
Providence Chamber meeting focuses on solutions for small business
Poor unemployment figures and stumbling markets have made it difficult to stay in business in Rhode Island’s private sector, which is why the Greater Providence Chamber of Commerce hosted a brainstorming session with developers, marketing experts, entrepreneurs and academia members. more
Primack: Lessons to learn from 38 Studios
There are four important lessons to learn from Rhode Island’s 38 Studios disaster, according to Fortune Magazine Senior Editor Dan Primack. more
| 6/15/12 | 1 comment
Youth entrepreneurs win seed funding at Young Social Innovators event
On Tuesday night, youth teams pitched their social enterprise ideas at the Young Social Innovators Pitch and Graduation Ceremony at the MET School’s Center for Innovation and Entrepreneurship in hopes of winning $1,000 in seed funding. more
| 6/13/12
Google hosts day-long business program in R.I.
All day Monday, Google is leading Rhode Island Get Your Business Online event at the Convention Center. more
| 6/11/12
Chamber pulls out of EDC marketing deal
The Greater Providence Chamber of Commerce has pulled out of a planned partnership with the R.I. Economic Development Corporation to lure out-of-state, knowledge-based companies to … more
RI-CIE future uncertain as Brown seeks new partners
(Updated, 3 p.m.) The future of the Rhode Island Center for Innovation and Entrepreneurship is in question, as its staff has been laid off while Brown University, its main funding source, seeks new partners. more
Local startups land $1M from city, HUD
Twenty-three local startup companies received $50,000 in individual funding through an equity investment program supported by the U.S. Department of Housing and Urban Development, Providence Mayor Angel Taveras announced Thursday. more
Deloitte to audit 38 Studios’ books
The R.I. Economic Development Corporation has commissioned a forensic audit of 38 Studios LLC to learn how Curt Schilling’s beleaguered video game company ran out of money and how much the former pitcher has put into it. more
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