During his three years as co-chairman of the Rhode Island Business Plan Competition, Larry Davidson of Kahn, Litwin, Renza & Co. Ltd., in Providence, has watched the annual contest grow in size, popularity and prize money. In 2011, the competition attracted 103 applicants, nearly double the 2009 total, and awarded a record $250,000 in cash and in-kind prizes. Business- plan donors and corporate partners have spoken about trying to make the competition the largest of its kind in the nation and a catalyst for growing the fledgling knowledge economy in Rhode Island. Apr 7
+ Banking
The Westerly Community Credit Union has received a $100,000 grant to help secure home ownership for low to moderate income households. 10:41 am
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One man can make a difference. Apr 7
T.F. Green Airport ushers more than 100,000 passengers into Rhode Island each month. Apr 7
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BOSTON – Mass. Division of Insurance Commissioner Joseph G. Murphy issued an order this month rejecting the Massachusetts Property Insurance Underwriters Association proposed rate filings for home insurance policies across the state through the FAIR Plan. May 19
Two university risk management programs are the latest recipients of Spencer Educational Foundation Loss Prevention Education Grants funded by FM Global. May 15
Amica Mutual Insurance Co., through the Amica Game Ball program, recently presented Children’s Hospital Boston with a $35,000 donation during a Boston Celtics game. May 14
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Janney Montgomery Scott LLC, a full-service wealth management, financial services and investment banking firm headquartered in Philadelphia, has announced the successful closing of the state of Rhode Island's $122.95 million general obligation bond issue, which sold on April 24. 4:55 am
A.H. Belo Corp., the parent company of The Providence Journal and three other daily newspapers, declared a quarterly cash dividend of 6 cents per share, even as the company reported a net loss of 18 cents per share during its first quarter. May 21
Swipely CEO Angus Davis was one of many skeptics of Rhode Island’s $75 million loan guarantee to former Red Sox pitcher Curt Schilling’s 38 Studios LLC video game startup two years ago. Now he has even more company in the business community urging state leaders not to sink any more money into the embattled Providence firm since it defaulted on part of its public-financing deal. May 19
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