Monday, March 18, 2024

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Home Economy Entrepreneurship

Entrepreneurship

CREDIT ­ISSUES: Spencer Blier, left, CEO and founder of Mammoth Inc., one of Rhode Island’s licensed cannabis cultivators, in his facility with one of the Mammoth technicians. Because the federal government has not legalized cannabis, banking services and credit card processing are difficult to come by for businesses in the industry. 
PBN FILE PHOTO/MICHAEL SALERNO

Credit card restrictions curbing cannabis sector

People’s Credit Union CEO and President Sean Daly says major credit card companies and financial institutions remain cautious about entering the legal cannabis industry,...
TEST FLIGHT: Erin Linebarger flies a prototype robotic drone in Newport. The drone was developed by Robotics 88 Inc., the company she co-founded with Tyler Lane to assist with prescribed fire planning, which involves controlled burns to remove dead and harmful vegetation to prevent the spread of wildfires and allow for new growth.
PBN PHOTO/DAVID HANSEN

Robotic startup blazing new trail for fire planning

When Erin Linebarger and her partner first entered the XPRIZE Rainforest competition, she was planning on developing robotics that fly just below the rainforest’s...
FROM STUDENT TO TEACHER: Veronica Samos opened Ocean State Shaolin in Coventry in October 2023, where she teaches kung fu, kickboxing and qigong martial arts.
PBN PHOTO/RUPERT WHITELEY

Samos shares martial arts knowledge with Ocean State Shaolin

Veronica Samos has always loved developing the mind, body and soul connection that comes from practicing martial arts. After years of training and earning her...
JIM OWENS, second from left, Nautilus Defense LLC principal, speaks during one of two panel discussions at Providence Business News' Emerging Industries Summit at the Providence Marriott on Wednesday. Also on the panel is, from left, Anthony Baro, E2SOL LLC managing principal; Jeanine Boyle, Inspire Environmental Inc. CEO; Nishita Roy-Pope, Tribe Academy LLC founder and CEO; Marc Parlange, University of Rhode Island president; Stephen Piper, lead client partner, state of Rhode Island, IBM Consulting. URI Research Foundation Executive Director Christian Cowan, standing at right, was the moderator. / PBN PHOTO/MIKE SKORSKI

PBN summit: Life sciences, blue economy growth face challenges in R.I.

PROVIDENCE – Justin Fallon, a professor of neuroscience, psychiatry and human behavior at Brown University, co-founded his company, Bolden Therapeutics Inc., in Rhode Island....

NEMIC names Maey Petrie as first executive director

PROVIDENCE – NEMIC has named Maey Petrie, formerly director of program management at the life sciences nonprofit, as the organization's first executive director. Petrie joined...
SOCIAL ENTERPRISE GREENHOUSE on Thursday launched its new GROW Woonsocket initiative to help support local businesses in northern Rhode Island.

Social Enterprise Greenhouse launches GROW Woonsocket to enhance business development

WOONSOCKET – A local business development resource organization is now branching out with a new initiative to help provide support to small businesses closer...
ANOTHER ANCHOR: Market on Broadway co-owners, from left, Hank Whitin, Rich Willis and Joseph Fitzpatrick hope their store becomes an anchor in the neighborhood.
PBN PHOTO/KATE WHITNEY LUCEY

New market brings mix of grocery items to Broadway in Newport

The Market on Broadway is upgrading the bodega concept, replacing the former 7-Eleven at 95 Broadway in Newport and mixing hard-to-find gourmet specialty items...
JACK OF MANY TRADES: Marine Solutions Inc. owner Dick Cromwell, left, who says he’s always enjoyed working around boats, ran many other businesses before launching the marine vessel dealer in Portsmouth in 1995. He’s pictured with Miles Brugman.
PBN PHOTO/DAVID HANSEN

Cromwell sailing smoothly

Richard “Dick” Cromwell ran many businesses throughout his career before launching Maritime Solutions Inc. in 1995, including a restaurant and scooter rental company. “I’ve had...
SPREADING HER WINGS: Lindsay Kuhn launched her online career platform Wingspans Inc. after realizing there was a career opportunity gap for students in Providence while teaching at Nathan Bishop Middle School. 
COURTESY ­LINDSAY KUHN

Connecting students and job seekers to careers through storytelling

From the time she was a teenager in Coral Springs, Fla., Lindsay Kuhn recognized the power of storytelling. Throughout her career, that power has...
SPREAD THIN: Robert Andreozzi, co-owner and chef of Pizza Marvin, prepares dough for a pizza at the restaurant on Wickenden Street in Providence. In December 2022, a rave review on social media from Barstool Sports owner Dave Portnoy spurred so many orders, it disrupted the business for a time.
PBN PHOTO/RUPERT WHITELEY

Local pizza joints feel the power of just ‘one bite’

When Jeff Merlino, owner of Merlino’s Pizzeria in Cranston, heard that Barstool Sports founder Dave Portnoy was returning to Rhode Island in January to...
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