New Business
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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
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
Gov. Lincoln D. Chafee Tuesday rejected 38 Studios LLC founder Curt Schilling’s suggestion that Rhode Island sabotaged the beleaguered video game company and drove potential investors away with public comments about its potential demise. more
Three Rhode Island companies – Nordic Technology Group, NBA Math Hoops and Prepmatic – were named as finalists in the 2012 MassChallenge. more
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
There are four important lessons to learn from Rhode Island’s 38 Studios disaster, according to Fortune Magazine Senior Editor Dan Primack. more
The 2012 meeting of the Greater Providence Chamber of Commerce, held Monday at the R.I. Convention Center, made news that could re-shape the region’s economy. more
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
The Founders League, a partnership to help facilitate expansion in Rhode Island’s entrepreneurial environment, will celebrate its kick-off with an “EntrepreNew Years” celebration on Friday, Jan. 4. more
(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
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