Saturday, April 1, 2023



Ocean Biomedical set to go public this week

PROVIDENCE – Ocean Biomedical, a biopharmaceutical company launched out of Brown University, is poised to go public this week following an agreement made last...
FAMILY MEETING: Andrew Torrado, left, and Luis C. Torrado, second from left, speak with their father, Luis A. Torrado, president of L. A. Torrado Architects Inc. in Providence. Torrado’s sons are project managers at the company.

An architect with designs on boosting minority firms

(Editor’s note: This is the 30th installment in a monthly series speaking with minority business owners and leaders. Each will be asked their views...
TRIAL SUPPORT: Enith Morillo is principal consultant at Cadoret Global Inc., a company she launched in 2019 to provide assistance to small companies going through the process of drug development and clinical trials. 

For Morillo, ‘the promise of a better future … kept me...

From the time she was in her teens, Enith Morillo has faced down challenges and reinvented her life. As a high school junior in Venezuela,...
COOLING COMFORT: Bedjet LLC founder and CEO Mark Aramli developed a climate comfort sleep system to help keep him cool at night, then found success with a Kickstarter fundraising campaign and headquartered the business in Newport in 2014 to produce and sell the device.

Bed tech company finds firm support in Newport

It has been said necessity is the mother of invention. As an engineering contractor working on the NASA spacesuit program, Mark Aramli, founder and CEO...
TURNING THE PAGE: Sisters Caroline Vericker and Mads Vericker gave up their jobs as librarians and opened Heartleaf Books in Providence in September.

From loaning to owning: Former librarians open community bookstore

Sisters Caroline and Mads Vericker grew up among the dusty stacks of the North Smithfield Public Library, where their grandmother worked as library director. It’s...

Founders, investors convene at first Blue Venture Investment Summit

BRISTOL – When Billy Thalheimer, CEO and founder of Regent Craft Inc. first set out into the venture capital space, the most exposure he'd...
RHODE ISLAND was ranked the 23rd best state in which to start a business in 2023, according to the analysis by Forbes. / PBN FILE PHOTO

Forbes: R.I. is 23rd-best state in which to start a business

PROVIDENCE – Rhode Island was ranked No. 23 on Forbes' Best State to Start a Business list for 2023.  The report examined 18 metrics across...
RACHAEL LAPORTE, director of food operations at Town Made LLC, prepares food at the recently opened commercial kitchen in the Wakefield section of South Kingstown. / COURTESY TOWN MADE LLC

Town Made builds presence as South County food incubator

SOUTH KINGSTOWN – For small food producers, locally sourced ingredients can often be financially out of reach. Town Made commercial kitchen space, which opened last...
HIDDEN TREASURES? Jaclyn “Jackie” Trudel opened Jackie on Broadway consignment and artisan jewelry shop in East Providence in 2022. 

A consignment shop that offers thrill of the hunt

For Jaclyn “Jackie” ­Trudel, secondhand shopping is a lot like hunting. It’s navigating aisles, rummaging through racks of clothing, scanning every corner for the perfect,...
CONCERNED CITIZEN: Rhode Island Black Business Association CEO and President Lisa Ranglin worries that efforts to improve access to and participation from minority businesses in Providence may go unnoticed with no one currently filling the role of business and development director for the city.

Providence looks to improve its MBE contracting program

Leroy Belona thought certifying his Providence construction company through the state’s Minority Business Enterprise program would open the door to more ­opportunities. But in the...
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