New Business
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Small businesses in Rhode Island represent 95.9 percent of all employers and employ 55.4 percent of the state’s private sector workforce, according to a report from the U.S. Small Business Administration. more
Sometimes in business, as in life, when one door closes another opens. more
The Slater Technology Fund has committed to $250,000 in funding to a $750,000 seed round for Care Thread, a provider of secure mobile messaging and team-based collaboration solutions for the medical industry, Slater announced Tuesday. more
The U.S. Department of Labor last week awarded $159,734 to the state of Rhode Island to further its Self-Employment Assistance program. more
Assets for Artists, a matched-savings program for low-income, entrepreneurial artists, is now accepting applications from Rhode Island artists in all disciplines. more
The Rhode Island Business Plan Competition has chosen 15 semi-finalists for its 2013 competition, the organization announced Monday. more
While Rhode Island’s women-owned businesses generated more than $3.5 billion in sales from 2012 to 2013, employment in these local firms fell at the fastest rate in the country, according to the State of Women-Owned Businesses Report from American Express OPEN. more
Social Venture Partners of Rhode Island provided a $20,000 loan to Metryx LLC, “further strengthening the collaboration between these two organizations,” said SVPRI in a release. more
After two consecutive years of year-over-year first-quarter increases in business formations, the number of new businesses created during the first three months of 2013 fell nearly 4 percent compared with the first quarter of 2012, Secretary of State A. Ralph Mollis announced Monday. more
The latest group of fledgling entrepreneurs from the Betaspring startup accelerator are scheduled to present their companies to a sold-out crowd of more than 300 investors, business leaders and other entrepreneurs Thursday night at the accelerator’s Chestnut Street headquarters. more
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The 2nd Annual Healthiest Employers event will recognize employers who have strong, effective Health and Wellness programs in the region. Deadline for enrollment is June 28th.
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