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Amo highlights R.I.’s blue economy during Subcommittee on Environment hearing

PROVIDENCE – The Subcommittee on Environment on the House Committee on Science, Space, and Technology held its first hearing of the year on March 26,...

Panelists: State’s blue economy faces choppy waters without federal funding

MIDDLETOWN – Martin Sabarsky, CEO of Cellana Inc., was clear Tuesday in his message about the future of the state’s blue economy, an industry...
THOMAS TZITZOURIS, head of fixed income research at New York City-based Strategas Research Partners, speaks at Providence Business News' Economic Trends Summit on Thursday in Providence. He painted a mixed picture of the economic outlook for 2025. / PBN PHOTO/MIKE SKORSKI

PBN summit: No recession, but inflation will stick around through 2025

PROVIDENCE – It is unlikely that President Donald Trump will be able to quickly rein in the sticky inflation that has slowed economic growth...
R.I. COMMERCE CORP.’S board of directors on Monday approved $1 million in tax credits and jobs incentives to subsidize the establishment of Saab Inc.’s Autonomous Undersea division at Bristol’s Unity Park. The board also approved $2.68 million in tax incentives for the owners of Unity Park to redevelop a building in the complex for Saab's use.

Saab gets tax deal to build, test undersea vehicles in Bristol

PROVIDENCE – The R.I. Commerce Corp. board approved $3.7 million in combined tax credits and jobs incentives Monday to subsidize the establishment of Saab...
STILL ALIVE: R.I. Commerce Secretary Elizabeth M. Tanner says she’s still fighting for federal money for the state’s Ocean Tech Hub. With federal official, Tanner recently toured this Bristol property that could provide much-needed lab space for the regional hub. 
PBN FILE PHOTO/KATE WHITNEY LUCEY

Time to reset ambitious blue economy plans

The good news is the state is not giving up on becoming a regional ocean technology/blue economy hub. The bad is that the dream...
THE UNIVERSITY OF MASSACHUSETTS Dartmouth received $8 million in funding from the commonwealth to develop blue economy initiatives.

UMass Dartmouth receives $8M in state funds for blue economy initiatives

DARTMOUTH – The University of Massachusetts Dartmouth has secured $8 million in funding from the commonwealth to support the university’s blue economy core research...

Has Raimondo forgotten her home state?

For the second time in an election year, Rhode Islanders’ hopes of benefiting from having a former governor in charge of the U.S. commerce...
THE NAVIGATORS: Marc B. Parlange, second from right, president of the University of Rhode Island, speaks during a discussion about the blue economy during Providence Business News’ 2024 Emerging Industries Summit on March 13. Also on the panel are, from left, Anthony Baro, managing principal of E2SOL LLC; Jeanine Boyle, CEO of Inspire Environmental Inc.; Jim Owens, principal at Nautilus Defense LLC; Nishita Roy-Pope, founder and CEO of Tribe Academy LLC; and Stephen Piper, lead client partner at the state of Rhode Island and IBM Consulting.   
PBN PHOTO/MIKE SKORSKI

On blue economy, R.I. needs to stay the course

When offshore wind giant Orsted A/S established its Providence hub in 2020, it sent a clear signal to the broader ocean economy, says Jeanine...
MARC B. PARLANGE received a five-year contract extension to remain as the University of Rhode Island's president. / COURTESY UNIVERSITY OF RHODE ISLAND

Parlange receives 5-year extension to remain as URI president

SOUTH KINGSTOWN – Marc B. Parlange will remain leading the University of Rhode Island for the foreseeable future. The university announced Wednesday that its board...
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