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MEETING OF MINDS: Mark S. Hayward, left, director of the U.S. Small Business Administration Rhode Island District Office, discusses plans with Robert Russell, center, corporate ambassador for Aretec Inc., and Charles Newton, a director for the Ocean State Business Development Authority Inc. / PBN PHOTORUPERT WHITELEY

Five Questions With: Mark S. Hayward

5Q
Mark S. Hayward | Director, U.S. Small Business Administration Rhode Island District Office 1. Was 2019 a good year for small businesses in Rhode...

Commerce calls for targeted RebuildRI applications and allocates $15M

Government
PROVIDENCE – The R.I. Commerce Corp. is seeking applications for the Rebuild Rhode Island tax credit program for projects focused on manufacturing, historic rehabilitations,...
JESSICA VEGA has been named program director of Social Enterprise Greenhouse's new Pawtucket/Central Falls program. / COURTESY SOCIAL ENTERPRISE GREENHOUSE

SEG names Vega head of Pawtucket/Central Falls program

Entrepreneurship
PAWTUCKET – Social Greenhouse Enterprise has named Jessica Vega program director of SEG’s Pawtucket/Central Falls program, the nonprofit announced Tuesday. Vega will oversee the implementation...

Opportunity zones: The last great neoliberal experiment

Economy
The opportunity zones created by the federal tax reform of 2017 have all been set up, and the money has started to flow. When...
THERE ARE 25 approved Opportunity Zones in Rhode Island, including Downtown Providence and much of the city's waterfront.. / COURTESY R.I. COMMERCE CORP./GOOGLE INC.

Opportunity Zone rules aim to draw capital to distressed areas

Economic Activity
NEW YORK – It will be easier to invest in businesses and real estate in low-income communities throughout the United States now that the...
THERE ARE 25 approved Opportunity Zones in Rhode Island, including Downtown Providence and much of the city's waterfront.. / COURTESY R.I. COMMERCE CORP./GOOGLE INC.

Opportunity Zones knocking, but few answering the call so far

Economic Activity
NEW YORK – Investors eyeing President Donald Trump’s Opportunity Zones face a ticking clock if they want to fully capture one of the biggest...
R.I. COMMERCE SECRETARY Stefan Pryor told PBN Tuesday that he is optimistic about Pawtucket's future following the issuance of a RFP for the redevelopment of McCoy Stadium and other sites in the Pawtucket Downtown Redevelopment Area. / COURTESY R.I. COMMERCE CORP.

Following McCoy/Downtown RFP, Pryor optimistic about Pawtucket

Government
PROVIDENCE – R.I. Commerce Secretary Stefan Pryor told PBN Tuesday that he is optimistic about the future of downtown Pawtucket following the issuance of...
THE R.I. COMMERCE CORP. and Pawtucket have issued an RFP for the redevelopment of McCoy Stadium and other properties in the Pawtucket Downtown Redevelopment Area. The RFP expresses a strong interest for a professional sports team and/or concert entertainment operator for the project. / COURTESY R.I. COMMERCE CORP.

Commerce RI issues RFP for McCoy Stadium, Downtown Pawtucket Redevelopment Area...

Government
PROVIDENCE – The R.I. Commerce Corp. issued a request for proposals Tuesday on behalf of Pawtucket, seeking a new tenant for McCoy Stadium as...

Opportunity Zones can’t be just another loophole

Editorial and Op-Ed
Treasury Secretary Steven Mnuchin has said he expects investments in “Opportunity Zones” to top $100 billion eventually. He’s referring to an initiative – part...

Get opportunity zones right

Editorial and Op-Ed
A new government incentive to encourage private investment where it is most needed presents tremendous potential in Rhode Island. The incentive comes in the form...
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