Economic Development
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R.I. ranked 2nd worst state to do business
On Forbes Magazine’s list of the Best States for Business, Rhode Island ranked 49th, beating out only Maine as the worst state in the country to do business. more
| 12/13/12 | 1 comment
Wind developers, environmental groups reach agreement
In what is being called “a first of its kind collaboration,” a coalition of environmental organization and offshore wind developers have agreed to a series of voluntary measures to help protect the critically endangered North Atlantic right whale while helping to expedite offshore wind development. more
PPS lands $341K for Brick School House purchase, preservation
The Providence Preservation Society will purchase the 1769 Brick School House from the city of Providence thanks to a $341,500 grant from The Champlin Foundations, the preservation society announced Tuesday. more
| 12/11/12
QDC, RIDOT land $6M to repair storm damage, fund upgrades
The Quonset Development Corporation and the R.I. Department of Transportation will receive $6 million in federal funding to make upgrades and repairs related to storm damage caused by 2011’s Hurricane Irene, Rhode Island lawmakers announced Monday more
| 12/10/12
Report: Slow economic growth predicted for R.I. through 2016
Even though Rhode Island’s economy has shown mixed signs of improvement in 2012, the state’s economic outlook has not changed significantly in recent months, according to a report from the New England Economic Partnership. more
U.S. retailers’ sales miss estimates as Sandy cuts holiday
U.S. retailers posted November same- store sales that trailed analysts’ estimates as superstorm Sandy depressed traffic early in the month, overwhelming gains from the start of holiday shopping. more
EDC is ‘not broken,’ says Chafee
Gov. Lincoln D. Chafee will keep the state’s formerly beleaguered economic development apparatus intact for the rest of the year and in his proposed budget for the next fiscal year, he said Thursday. more
Chafee chooses EDC official to head agency
Gov. Lincoln D. Chafee plans to nominate William J. Parsons, current managing director of community and business development, to be the next executive director of the R.I. Economic Development Corporation. more
| 11/29/12
Chafee announces $3M in projected sales, new leads after trade missions
Recent trade delegations to Canada, the Dominican Republic and Panama resulted in 45 serious business leads and $3 million in projected new sales, Gov. Lincoln D. Chafee announced Thursday. more
| 11/29/12
URI looking to expand Providence presence
The University of Rhode Island plans to increase its presence in the state’s capital city, according to President David M. Dooley, as part of a strategy to better prepare its students for success as well as help Rhode Island’s economy grow out of the hole it is in. more
| 11/28/12
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