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OPPORTUNITY ZONES: A map of the nominated census tracts in Rhode Island that Gov. Gina M. Raimondo submitted to the U.S. Treasury Department as Opportunity Zones, areas in which investors become eligible for tax incentives for investing in real estate projects or businesses. / COURTESY COMMERCE RI

Raimondo nominates 25 R.I. investment ‘opportunity zones’ to U.S. Treasury Department

PROVIDENCE – In the federal Tax Cut and Jobs Act of 2017, there was a provision designed to encourage investment in low-income areas that...
AVTECH SOFTWARE INC. is among three companies confirmed for a United Kingdom trade mission in September. Above, Rich Grundy, right, president of AVTECH Software, talks about the company’s new Active Power Sensor with Marketing Manager Russel Benoit, left, and company founder and CEO Michael Sigourney. / PBN FILE PHOTO/RUPERT WHITELEY

R.I. trade mission to U.K. set for Sept.

PROVIDENCE – A trade mission for Rhode Island companies to visit Scotland and northern England, organized by the John H. Chafee Center for International...
BANNER EVENT: Sail Newport Executive Director Brad Read, this year’s Volvo Ocean Race stopover executive director, and Sue Maffei Plowden, race event director, stand on the porch of the Sail Newport Sailing Center with the banner for Volvo Ocean Race Newport. The city is the lone North American stopover for the 2017-18 international race.
 / PBN PHOTO/
KATE WHITNEY LUCEY

Will experience pay off as Newport prepares to once again host...

Martha Parker looks back fondly on the 2015 Volvo Ocean Race Newport stopover and the favorable impact it had on her foul-weather sailing gear...
A BELIEVER IN RHODE ISLAND: Amgen Rhode Island vice president of operations Tia Bush said that the company's decision to build a new plant in Rhode Island was "a testament to our skilled, dedicated workforce" at the company's West Greenwich manufacturing facility. / PBN FILE PHOTO/RUPERT WHITELEY

Tax incentives are back in the news with Commerce RI granting...

The R.I. Commerce Corp. has approved up to $9.2 million in incentives for Amgen Inc. to build a $165 million biomanufacturing plant in West...

Commerce RI accepting applications for third round of Wavemaker Fellowship program

PROVIDENCE - The state's Wavemaker Fellowship program that provides recent graduates working in science, technology, engineering and mathematics fields with student loan reimbursement is...
A RENDERING of a glass-laden Superman Building in the Commerce RI Amazon HQ2 pitch. / COURTESY COMMERCE RI

R.I. releases most details of Amazon HQ2 pitch

PROVIDENCE -The R.I. Commerce Corp. released its Amazon HQ2 Request For Proposals response Friday on its website, Rhode Island for Amazon.Commerce RI redacted the amount...
THE INNOVATION CAMPUS COMMITTEE will include representatives of University of Rhode Island, the Commerce Corp., state government and the business development industry.

R.I. Innovation Campus committee named

PROVIDENCE – A seven-member committee will review 16 recent submissions to create a Rhode Island Innovation Campus, with a tentative time-frame of awards being...
THE R.I. COMMERCE CORP. board of directors will consider an investment committee recommendation to issue a Qualified Jobs Incentive Tax Credit to Epiq Systems to create a data science division in Rhode Island. The incentive would create at least 25 jobs at a median salary of $110,000. Above, Jesse Saglio, president of Commerce RI. / PBN FILE PHOTO/MICHAEL SALERNO

Commerce RI to consider Qualified Jobs Incentive for Epiq Systems to...

PROVIDENCE – The R.I. Commerce Corp. board of directors is scheduled to meet Monday evening to discuss and consider tax incentives, Innovation Campus committee...
R.I. COMMERCE CORP. launched a new small business hotline number, (401) 521-HELP, to make it easier for local businesses to contact the agency and to raise awareness about the services it offers. Commerce RI is also launching an ad campaign to promote the hotline, such as the print ad above, that will run through June. / COURTESY R.I. COMMERCE CORP.

Commerce RI launches small business hotline, ad campaign

PROVIDENCE – The R.I. Commerce Corp. launched a new small business hotline number Monday, (401) 521-HELP (401-521-4357) designed to make it easier for small...
THE R.I. COMMERCE CORP. launched a new tourism marketing campaign in November touting Rhode Island as "Fun-Sized." / COURTESY R.I. COMMERCE CORP.

Do you like Commerce RI’s less centralized plan for marketing Rhode...

Unlike the much-ballyhooed and then immediately much-criticized “Cooler & Warmer” state tourism campaign, the R.I. Commerce Corp. has adopted a more understated approach to...
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