Entrepreneurship
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(Updated, 3:07 p.m.) The Rhode Island Foundation reported net assets of $734.4 million at the end of 2013, increasing by $101.6 million, or 16 percent, the $632.8 million reported the previous year, according to the organization’s 2013 annual report. Since 1993, the organization has seen its total assets increase more than 300 percent, from $197 million. more
The Rhode Island Business Plan Competition will launch its 2015 competition, which is expected to award prizes in excess of $200,000, on Oct. 14 at a kick-off event. more
Hope & Main LLC, Rhode Island’s first culinary business incubator, has brought on food industry veteran Julie Nahas to serve as executive director of operations as the organization steams toward its official launch in August. more
Two Rhode Island-based companies, Alex and Ani and First Point Power, made the top 100 in Inc. Magazine’s annual ranking of the 5,000 fastest-growing private companies in the country, released Wednesday. more
Nabsys Inc. has named Tony Shuber vice president and chief scientific officer in its latest move toward bringing its genome-mapping products to market. more
The Rhode Island Center for Freedom & Prosperity on Thursday released its 2014 Report Card on Rhode Island Competitiveness, in which the Ocean State scored a “D” or “F” in nearly 80 percent of the measures analyzed to evaluate the state’s regional and natural economic competitiveness. more
The R.I. Department of Labor and Training will continue offering a program in collaboration with the Center for Women & Enterprise to help unemployed Rhode Islanders start their own businesses. more
For the third consecutive grant cycle, Rhode Island has received an award from the U.S. Small Business Administration’s State Trade and Export Promotion Program to support efforts to export by small businesses in the Ocean State. more
Tinker|Bristol, a nonprofit manufacturing incubator, is slated to open on Wood Street in the spring, according to a news release from the company. more
CVS Caremark Corp. and National Grid have announced the six suppliers they will sponsor to participate in a continuing education program in supply-chain business management at Roger Williams University. more
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