Venture capitalists invested $124.1 million in Rhode Island companies in 2014, $42 million more than in 2013, and the largest amount to date, according to the MoneyTree Report by PricewaterhouseCoopers LLP and the National Venture Capital Association.
Spectra Systems Corp. announced Monday its receipt of two U.S. patents that the company says will go toward saving central banks billions of dollars annually on costs associated with replacing soiled banknotes.
After startups from France’s Vente-Privee.com SA to the U.K.’s Hailo Network Ltd. retreated from the United States last year, European entrepreneurs are learning just how hard crossing the Atlantic can be.
From water treatment systems and recycled fashion to toys for children of all abilities and a food truck for the hungry, Social Enterprise Greenhouse’s 2015 accelerator class features entrepreneurs launching a variety of initiatives.
Elected officials, including Gov. Gina M. Raimondo, will meet with more than 150 small business owners, leaders and advocates during the 8th Annual Rhode Island Economic Summit Friday to discuss the state’s small business climate.