How the GA-backed investment fund works

This is how the Small Business Development Fund, as approved by the General Assembly, would work: The state would issue up to $42 million in tax credits to qualified investors that finance Rhode Island-based small businesses. Investors must use the tax credits they receive and are not permitted to sell them on the open market. The

Already a Subscriber? Log in

To Continue Reading This Article

Become a Providence Business News subscriber and get immediate access to all of our premier content and much more.

Learn More and Become a Subscriber