Business council pushing state to fully fund Slater

The Rhode Island Small Business Advocacy Council unanimously passed a resolution requesting that the governor and the General Assembly fully fund the Slater Fund at $4 million in fiscal year 2005.

The SBAC, a 20-member council chaired by Lieutenant Governor Charles J. Fogarty, includes small business owners, chamber of commerce directors and business advocacy and development organizations.

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“The Slater Fund is a critical element in our ability to develop new job opportunities in Rhode Island. By helping to bring homegrown technologies to market, the Slater Fund enables us to take advantage of our intellectual capital,” Fogarty said in a statement.

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