Burglars target RIPEC, state office
The offices of the Rhode Island Public Expenditure Council on the second floor at 300 Richmond St. in the downtown Jewelry District were burglarized – apparently between last Tuesday evening (Oct. 24) and early the next morning. Gary Sasse, executive director of the non-profit organization that provides economic forecasts for the state, as well as cities and towns, did not want to elaborate on the incident at press time. The agency’s network server, he said, was among the property stolen.
Providence Police detectives and RIPEC’s insurer had been contacted.
Rhode Island's Market Has Changed. Developers, Builders, Investors and Sellers Must Change With It.
By Emilio DiSpirito IV License Partner | Engel & Völkers Oceanside Leader | The DiSpirito…
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In other news, the Secretary of State’s First Stop Business Center offices on North Main Street were also burglarized – with computer equipment also the target.
RIEDC secures $250,000 in job training grants,
Four small businesses are boosting their growth plans with a total $78,979 in job training funds secured by the Rhode Island Economic Development Corporation (RIEDC) and funded through the Rhode Island Human Resources Investment Council (HRIC). The funds will enable qualified small businesses with fewer than 100 employees, to create new jobs and train new employees during the next six months.
Providence-based integrated communications provider Log On America will use a $25,000 grant to train new employees as it develops its new Customer Care-Network Operations Center; the Nordic Company, a Riverside company which decorates glassware, is using a $14,000 grant to train 7 new employees; Progressive Financial Strategies, in Providence, will use their $14,979 grant to train 10 new employees; Riverside’s Blue Moon Industries will use its $25,000 grant to grow employment from 17 people to more than 30 by next year.
URI to break ground on project to transform home of state’s oldest business college
The University of Rhode Island will break ground on Friday, November 17 on the $10.6 million project to transform Ballentine Hall into a state-of-the-art business education facility.
University officials, prominent alumni and students will start the celebration at 10:30 a.m. on the lawn in front of Ballentine Hall, the home of URI’s College of Business Administration, the oldest nationally accredited business college in the state. The groundbreaking program and a panel discussion at 1:30 p.m. on “The Business of Business, Challenges and Issues Facing Business in the 21st Century” will feature URI graduates who have become leaders in the global economy. The panel discussion will be held in the Galanti Lounge of the University Library.
The project involves the rehabilitation and improvement of Ballentine Hall, a 46,750 square-foot, three-story structure built in 1967 on the northwest corner of the Kingston Quadrangle. The current structure will be stripped to its steel frame and a new facility will be constructed. A 10,000-square-foot addition is also part of the project. The addition and other improvements are being funded through a combination of state, University and private dollars. As of early fall, URI had raised $5.3 million or 95 percent of the $5.6 million Shareholders Campaign goal to renovate the building.
