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Startup accelerator Betaspring’s use of $1.4 million in federal State Small Business Credit Initiative funds may have violated U.S. Treasury Department requirements, according to an audit conducted by Lyon Park Associates. more
The Founders League Tuesday published the Providence Startup Map, a “snapshot” of the expanding entrepreneurial ecosystem in Rhode Island and nearby Massachusetts. more
Rhode Island’s capital city ranks second in the nation for 2014 as one of the most livable downtowns in the U.S., according to Livability.com, a blog that produces the rankings annually. more
(Updated, Feb. 14, 2:34 p.m.) The State Retirement Board on Friday voted to approve a proposed settlement of the state pension reform lawsuits, according to the R.I. Department of Administration. more
Maritime businesses, food production and industrial design rose to the top in an analysis of opportunities for growth in Rhode Island identified during the latest “Make It Happen RI” sessions hosted by the Rhode Island Foundation and the R.I. Commerce Corporation. more
The National Institutes of Health has awarded $1.3 million to University of Rhode Island researcher Wei Lu to study the application of inorganic nanoparticles in the treatment of cancer. more
(Updated, Sept. 15, 11:05 a.m.) Citizens Financial Group Inc. announced Monday it will rebrand its more than 200 Charter One branches in Michigan and Ohio as “Citizens Bank” by mid-year 2015, part of its new unified brand strategy to create a consistent Citizens Bank presence across all 11 states in which the bank operates. more
A report released Thursday outlining an action plan to improve digital literacy in the state advised policymakers to work with educators and business leaders to transform the state’s digital media industry. more
The R.I. Small Business Development Center, which will be hosted at the University of Rhode Island beginning Jan. 1, will operate a central office at URI’s South Kingstown campus and three sub-center offices in Smithfield, South Kingstown and Providence, the U.S. Small Business Administration announced Thursday. more
The University of Rhode Island has been awarded the contract to operate the state’s Small Business Development Center, according to a release sent out by the U.S. Small Business Administration Tuesday. The announcement comes as Johnson & Wales University ends its eight-year stewardship of the center, which is dedicated to helping small businesses in the state by providing individual counseling, group programs and other services. more
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