The Rhode Island Economic Development Corporation (RIEDC) introduced
Claflin representatives to the agency’s government contract specialist.
The company now receives daily faxes on all available bidding contracts
related to their line of business.
RIEDC helped Claflin locate a new warehouse space.
RIEDC provided information on the Investment Tax Credit and Job
Training Tax Credit.
RIEDC actively assisted the company with obtaining a Human Resource
Investment Council Competitiveness Improvement Grant. The company
received a $20,000 grant for a variety of job training programs.
Financial assistance: Depending on the company’s needs, RIEDC will
work through all phases of this process, including bank introduction
services to assistance with loan applications.
Permitting assistance: RIEDC can provide technical advice, resources
and coordination for companies seeking permits in Rhode Island.
Job training: RIEDC will help companies upgrade the skills of their
current employees and assist in recruiting and training a workforce that
will enhance companies’ competitiveness and reduce training expenses.
Real estate and site location analysis: RIEDC will assist companies
in utilizing state and local resources for companies considering
expansion or relocation.
Trade missions and trade shows: To assist Rhode Island
companies selling to international markets, RIEDC recruits companies to
participate in trade shows and trade missions.
Customized Export Management Training Programs for RI Businesses:
In partnership with the Human Resource Investment Council, the RIEDC
provides funding for export training programs to qualified companies.
Market Entry Programs: The US Department of Commerce District Export
Assistance Center in Providence and the RIEDC have teamed up to help
export-ready Rhode Island companies make global business contacts.
General Export Assistance: RIEDC’s International Trade Office can
also answer a variety of general export questions.
Government contract assistance: On available bids, using
computerized data and technical consulting, RIEDC will help companies
become more competitive in acquiring federal, state and municipal
government contracts.
Enterprise zones: RIEDC will offer financial, tax and training
savings and incentives for companies that expand facilities and
employment in one of the nine designated enterprise zones in the state.
Business and economic information: RIEDC maintains numerous
databases of information for use by companies.
Tax incentives: RIEDC will provide information on the state’s
Investment Tax Credit, Research and Development Tax Credits and other
tax credits available to financial service firms, manufacturing
companies and research and development firms expanding in the state.
Creative problem solving for businesses: RIEDC will assist
businesses with growth and expansion needs.
For more information, call the Rhode Island Economic Development
Corp. at (401) 222-2601 ext. 109 or visit www.riedc.com.
The Greater Rhode Island Employment & Training Board can be reached
at 295-7114; the Human Resource Investment Council at 222-6700; the
Providence Department of Planning & Development, Division of Economic
Development at 351-4300; and the number at the Central Rhode Island
Development Corporation at 732-7003.
RIEDC’s Account Management Program (AMP) is designed to provide
businesses with a “one stop” option for obtaining business information.
The EDC encourages businesses to view the AMP as a clearinghouse and
complete business resource. The AMP exists to assess the needs of
individual businesses and to serve as a liaison between businesses and
resource organizations.
