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R.I. Commerce seeking applications for Innovation Network Matching Grant Program

PROVIDENCE – Gov. Daniel J. McKee and the R.I. Commerce Corp. on Feb. 11 jointly announced the newest round of applications are now open...

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...

State launches new equipment grant program for manufacturers

PROVIDENCE – A new state grant program is launching to help local manufacturers defray the cost of purchasing equipment or machinery. Gov. Daniel J. McKee...
MORE NEEDED: Mary K. Barden, executive director of the National Education Association Rhode Island, says expanding the Wavemaker Fellowship program to include teachers is good, but not nearly enough to reverse the severe problem of attracting and retaining educators. / PBN PHOTO/MICHAEL SALERNO

Will expanded Wavemaker keep teachers in R.I.?

When it was first launched in 2016, the Wavemaker Fellowship was designed to be an incentive to persuade new, highly trained college graduates working...

Trump order a risk for wind hub

President Donald Trump’s executive order to temporarily stop the sale of offshore wind leases in federal waters is threatening the plans of local and...
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...

State awards $2M in Placemaking Initiative grants to 26 municipalities and...

CENTRAL FALLS – State officials on Wednesday announced that 26 municipalities and nonprofits received $2 million in Placemaking Initiative awards to support outdoor and...

Commerce Corp. awards tax credits to Blount foods for HQ move...

PROVIDENCE – R.I. Commerce Corp.’s board of directors on Monday unanimously approved $3.2 million in state tax incentives over 10 years for Blount Fine...

Businesses seek red tape reform, as tax relief unlikely in 2026...

CRANSTON – With his $14.2 billion spending proposal for fiscal year 2026 set to be vetted by the General Assembly, Gov. Daniel J. McKee...
RISING CONSTRUCTION COSTS and higher interest rates have affected the work to transform the Industrial Trust Co. Building in Providence into nearly 300 apartments. Mayor Brett P. Smiley has proposed a change to the tax incentives plan to give the building owner High Rock Westminster LLC help in closing the financial gap. PBN PHOTO/WILLIAM HAMILTON

Smiley has proposal to help ‘Superman Building’ overhaul get past money...

More than a year after interior demolition and asbestos removal started at the Industrial Trust Co. Building in downtown Providence, the future of the...
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