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GOV. GINA M. RAIMONDO cuts the ribbon for the recently completed Wexford Innovation Center in the I-195 Redevelopment District of Providence on Wednesday. From left: Brown University President Christina H. Paxson; I-195 Redevelopment District Commission Chairman Robert Davis; Senate Majority Leader Michael J. McCaffrey; Brian Dacey, Cambridge Innovation Center; Mayor Jorge O. Elorza; Raimondo; Wexford Science and Technology CEO Jim Berens; Commerce Secretary Stefan Pryor; and City Council President Sabina Matos. / COURTESY R.I. COMMERCE CORP.

Officials celebrate Wexford Innovation Center ribbon-cutting

PROVIDENCE – A ribbon-cutting for the Wexford Innovation Center was held Wednesday afternoon, officially marking the completion of the landmark I-195 Redevelopment District project.The...
Leslie Taito
Hope Global CEO
Leslie Taito has worn many executive hats in Rhode Island: chief of staff at Hope Global; director of regulatory reform at the R.I. Office of Management and Budget; and CEO of R.I. Manufacturing Extension Services, among others. / PBN PHOTO/RUPERT WHITELEY

Allowing failure can lead to innovation

Leslie Taito | Hope Global CEO Recently, a bright, young employee came to me with an idea to improve a long-standing manufacturing process. He described...
A FRESH BREEZE: With state approval of the power-purchase agreement for the Revolution Wind project, Rhode Island is one step closer to having a utility-scale wind farm to go along with the Block Island Wind Farm pictured above.
 / BLOOMBERG 
NEWS FILE PHOTO/ERIC THAYER

The future of energy starts now off Rhode Island’s shores

Nearly 11 years after Gov. Donald L. Carcieri and his administration chose Deepwater Wind to be the developer of Rhode Island’s first large-scale offshore...
THE R..I. COMMERCE Corp. will vote on three Innovation Vouchers Tuesday evening with a combined value of $131,403.

Commerce board to vote on three Innovation Vouchers Tuesday night

PROVIDENCE – The R.I. Commerce Corp. board of directors is expected to vote on the issuance of $131,403 in Innovation Vouchers to three companies...
THE LITTLE ROADY autonomous vehicle shuttle service will operate seven days a week from 6:30 a.m. to 6:30 pm. with 12 stops between Olneyville Square and Providence Station. / COURTESY R.I. DEPARTMENT OF TRANSPORTATION

Providence autonomous shuttle service to open to public Wednesday

PROVIDENCE – The state’s Little Roady autonomous vehicle pilot project will begin service in Providence Wednesday, the R.I. Department of Transportation said Tuesday.The shuttle...
KVH INDUSTRIES reported a $6.2 million loss in the first quarter. / COURTESY KVH INDUSTRIES

KVH Industries posts $6.2M loss in Q1

MIDDLETOWN – KVH Industries Inc. reported a loss of $6.2 million in the first quarter of 2019, or 36 cents per diluted share. The...
VERIZON ANNOUNCED that it will introduce 5G wireless technology to Providence by the end of 2019. / BLOOMBERG NEWS FILE PHOTO/JIN LEE

Providence to get 5G service from Verizon by end of 2019

PROVIDENCE – Verizon Communications Inc. said this week that Providence will receive a 5G Ultra Wideband service by the end of 2019.The new technology...

ACA keeps R.I. healthy

As the CEO of the largest health center in Rhode Island, I am acutely aware of the impact of rising health care costs on...
A SEALED court filing related to Amgen’s Mvasi and Genentech’s Avastin, both chemotherapy and targeted therapy drugs, was filed in U.S. District Court in Delaware Friday. / BLOOMBERG NEWS FILE PHOTO

Amgen and Genentech ‘patent dance’ continues in sealed filings

PROVIDENCE – A sealed lawsuit was filed in Delaware District Court Monday against Immunex Rhode Island Corp. and Amgen Inc. by Genentech Inc. and...
A NEW WAY TO COPE: Aflac Chairman and CEO Dan Amos and Ethan, a patient at the Aflac Cancer and Blood Disorders Center in Atlanta, examine My Special Aflac Duck, a product created by Sproutel Inc. to help children cope with cancer. The company has received a Rhode Island Innovation Voucher. 
 / COURTESY AFLAC

Innovation Vouchers bring ROI that pays big dividends for R.I.

It bears repetition, but investment today is a very important part of economic growth in the future.That is by far the most important lens...
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