Updated June 30 at 1:30pm
Government
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An independent analysis of promising economic clusters for Providence to nurture has identified five stars: life sciences, food processing and packaging, social enterprise, design coupled with advanced manufacturing, and education technology. more
Five percent hotel tax collections climbed nearly 5 percent in August compared with August 2014, and rose nearly 14 percent when comparing the first two months of the fiscal year to the prior year period, the state Department of Revenue said Wednesday. more
Gov. Gina M. Raimondo and Commerce Secretary Stefan Pryor launched three new incentive programs on Wednesday in an effort to grow the state’s economy. more
Investments in the $7 billion CollegeBoundfund 529 savings program will be managed by Invesco Ltd., and Ascensus College Savings will oversee the program’s administration, General Treasurer Seth Magaziner announced Wednesday. more
Local 1 percent hotel, meal and beverage tax collections increased year over year in August, the state Department of Revenue said Wednesday. more
General Treasurer Seth Magaziner will announce today the new managers of the $7 billion CollegeBoundfund. more
(Updated 10:50 a.m.) Public Resources Advisory Group has been selected as the state’s financial adviser, according to General Treasurer Seth Magaziner, who described it as one of the top-ranked financial advisory firms in the nation. more
The U.S. Small Business Administration on Monday feted the state’s top SBA lenders during an awards ceremony held at the Alpine Country Club in Cranston. more
Rhode Island ranks among the bottom 10 states for tax friendliness, coming in sixth-worst, according to the Tax Foundation’s State Business Tax Climate Index. more
Rhode Island ranked last among the New England states on the 2015 Competitiveness Report Card from the Rhode Island Center for Freedom & Prosperity with an overall grade of D-. more
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