Economic Development
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For most, progress too slow to see
Rhode Island’s economic recovery is now moving at a pace too slow for many local business leaders to perceive it. more

By Patrick Anderson
PBN Staff Writer | 9/24/12 | 1 comment

SBANE: Only transformative change can save R.I. economy
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. more
| 9/20/12
State partners with Providence on ProvPort grant
(Updated, 1:30 p.m.) In order to assist the city of Providence with improvements to its port, Gov. Lincoln D. Chafee has announced that the state has partnered with the city to take control of a $10.5 million grant to purchase two mobile, barge-based cranes. more
Housing market recovery helping bolster U.S. expansion
Sales of previously owned homes and work on single-family projects climbed in August to the highest levels in two years, signaling the residential real-estate market is contributing to U.S. economic recovery. more
SBA approves R.I. purchase of Rocky Point property
The U.S. Small Business Administration has accepted Rhode Island’s offer to purchase the remaining land at Rocky Point in Warwick for the development of a future state park, Gov. Lincoln D. Chafee announced Monday. more
| 9/17/12
SouthCoast business leaders form CEO roundtable
“It’s kind of a support group for CEOs,” said Roy M. Nascimento, president and CEO of the New Bedford Area Chamber of Commerce, of the newly founded SouthCoast CEO Roundtable. “It’s for [CEOs] to get peer-to-peer advice. It’s modeled after other programs like it that have taken place around the nation. It’s about networking and helping businesses to grow.” more

By Michael Souza
PBN Staff Writer | 9/17/12

Foundation initiative’s hard work just begins
So much for the easy part, if you can call convening more than 300 people from the private sector with a few weeks notice on a Friday and Saturday the week of Labor Day easy. more
9/17/12
Tech showcase among top ‘Make It Happen’ ideas
By 10 a.m. on Sept. 7, the outline of a new showcase to feature Rhode Island’s technology entrepreneurs for investors had emerged in the business-environment forum at “Let’s Make It Happen RI” and talks were turning to sponsors. more

By Patrick Anderson
PBN Staff Writer | 9/17/12

Cuts in defense, Medicare could mean fewer jobs for R.I.
Rhode Island could lose up to $82 million and more than 3,000 jobs due to sequestration in defense and Medicare spending, respectively, according to reports released by the Center for Security Policy and the Hospital Association of Rhode Island. more
R.I. Port Services named terminal operator by QDC
The Quonset Development Corp. has named Rhode Island-based company R.I. Port Services as the new terminal operating agency for container handling at the Port of Davisville, the seventh largest auto importer in North America. more
| 9/13/12
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