ECONOMIC DEVELOPMENT

SBANE: Only transformative change can save R.I. economy

COURTESY SBANE RHODE ISLAND
THE RHODE ISLAND CHAPTER of the Smaller Business Association of New England released a report announcing the goals of its newly created Economic Development Committee.
Posted 9/20/12

WALTHAM, Mass. – The keys to turning around Rhode Island’s economy are new ideas and workable solutions, according to a report released by the Rhode Island chapter of the Small Business Association of New England.

The report, “Shared Goals Can Move R.I. Forward,” announced developments from SBANE Rhode Island’s Economic Development Committee, which is charged with strategizing and recommending ideas to improve the Ocean State’s faltering economy.

“For too many years, our members have watched in dismay as Rhode Island’s economy has withered, our tax base has eroded and Rhode Island has grown increasingly inhospitable to business relative to other states. We are committed to turning that around,” said the report, written by Ken Block and John Cronin, chair and vice chair, respectively, of SBANE’s Economic Development Committee.

According to the report, the starting block to change is understanding why Rhode Island’s economy is faltering compared to other states in the nation.

“Our group quickly reached a consensus that Rhode Island suffers economically because of the lack of a clear set of shared goals between the public and private sector - and even between different branches of our government,” said the report, adding that “once we can agree on goals, we can create a common plan for how to fix our economy.”

The consensus from SBANE’s Rhode Island chapter was that the state needed “fundamental, transformative change.”

“To fix something this big, incremental change just won’t do,” said the report.

Next Page
Calendar
PBN Hosted
Events

Join PBN for the best networking event and party of the winter - January 15, 2015 - the Book of Lists Party at the Providence Public Library. Reserve your spot early!
  • Best Places to Work
    Enrollment is now open for the 7th annual Best Places to Work program. Winners w ...
  • Manufacturing Awards
    Applications are now being accepted for the 2nd Annual Manufacturing Awards. Dea ...
Advertisement
Purchase Data
Book of Lists
Lists
Book of Lists cover
PBN's annual Book of Lists has been an essential resource for the local business community for almost 30 years. The Book of Lists features a wealth of company rankings from a variety of fields and industries, including banking, health care, real estate, law, hospitality, education, not-for-profits, technology and many more.
Data icons
Data can be purchased as single lists, in either Excel or PDF format; the entire database of the published book, in Excel format; or a printed copy of the Book of Lists.
  • Purchase an e-File of a single list
  •  
  • Purchase an e-File of the entire Book of Lists database
  •  
  • Purchase a printed copy of the Book of Lists
  •  
    National
    Local
    Latest News
    Advertisement