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38 Studios back in default
Gov. Lincoln D. Chafee said Friday afternoon that 38 Studios LLC was back in default on its $75 million loan guarantee deal with the state for violating labor laws governing mass layoffs. more
Local startups land $1M from city, HUD
Twenty-three local startup companies received $50,000 in individual funding through an equity investment program supported by the U.S. Department of Housing and Urban Development, Providence Mayor Angel Taveras announced Thursday. more
Study: R.I. 19th for entrepreneurs, Mass. No. 1
Rhode Island ranks 19th among states for entrepreneurship, according to an index released Oct. 2 by the University of Nebraska-Lincoln. more
Farrell named co-chair of R.I. biz plan competition
Margaret “Peggy” Farrell has been named the new co-chair of the Rhode Island Business Plan Competition, the organization announced Tuesday. more
| 9/11/12
Patten leaves Steel Yard to open urban farming supply store
The executive director of the Steel Yard is leaving the metalwork art and training nonprofit in the spring to open an urban farming supply store on the city’s west side. more
Dear Kate re-launches lingerie line in time for holidays
Dear Kate, the rebranded line of specialty lingerie that mixes fashion and function, is launching online this month with shipping to start in early December in anticipation of the holiday season. more
“Founders League” to strengthen R.I.’s entrepreneurial environment
The Founders League, created through a partnership with the Betaspring, the Greater Providence Chamber of Commerce, Brown University and the University of Rhode Island, will strengthen Rhode Island’s entrepreneurial environment by expanding programs for high growth startups and entrepreneurs, the partners announced Wednesday. more
Immigrant-owned U.S. companies said to generate $775B
Immigrant-owned businesses employ one in 10 U.S. workers in private companies and inject more than $775 billion of revenue into the U.S. economy, according to the Partnership for a New American Economy. more
Betaspring introduces new companies at open house
In a full house that included investors, entrepreneurs and lawmakers, startup accelerator Betaspring introduced the 13 fledgling companies of its inaugural Fall session on Thursday night at its Providence Knowledge District headquarters. more
R.I. biz plan to host elevator pitch contest
For the seventh consecutive year, the Rhode Island Business Plan Competition will host the Rhode Island Elevator Pitch Contest, during which participants will vie for $1,000 in cash prizes. more
| 11/13/12
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