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R.I. Commerce awards $623K for job creation, innovation and development

PROVIDENCE – R.I. Commerce Corp. has awarded a total of $623,202 in incentives through its Qualified Jobs Incentive Tax Credit and Innovation Voucher program, the agency...

Leaning on fewer people for more revenue is risky for R.I.

I spend a lot of time walking factory floors, sitting with founders and shaking hands with people trying to build something in Rhode Island.  Not once in those conversations...
USEFUL SKILLS: William C. Tsonos ­believes he was appointed chairman of the R.I. Life Science Hub because of his ability to bring a disciplined, process-­oriented framework to the organization. 
PBN PHOTO/MICHAEL SALERNO

BANKS, BUSINESS, BIOTECH: William Tsonos has emerged as a key influencer...

William C. Tsonos has spent years climbing the ranks of Rhode Island banking, and now he’s taking on an additional role outside the industry...
PLAY AREA: State Rep. David J. Place, R-Burrillville, would like to create a “regulatory sandbox” for biotech firms in the state where a waiver of certain regulations could be approved for activities such as testing, but the proposal has faced pushback from some state agencies. Place stands outside the CCI building in Providence, where some life science firms are located. 
PBN PHOTO/MATTHEW MCNULTY

Biotech ‘sandbox’ bill raises oversight concerns

With Rhode Island making a push for the state to become a burgeoning hub for life sciences and biotechnology firms by building lab space...
LONG VIEW: Longtime Rhode Island banking executive William C. Tsonos expects to bring stability to the R.I. Life Science Hub in his new role as board chairman. 
PBN FILE PHOTO/­MICHAEL SALERNO


Tsonos sets leadership standard for R.I. Life Science Hub

In a state where “knowing a guy” to deal with almost any situation is a pride-inducing meme, relationships ­matter. Beacon Bank Rhode Island market President...

R.I. Commerce accepting applications for Innovation Voucher Program

PROVIDENCE – The R.I. Commerce Corp. is now accepting applications for its Innovation Voucher Program until April 28. As part of the quasi-public agency’s Innovation...

R.I. Commerce accepting applications for Invention Incentive Program

PROVIDENCE – Applications are now being accepted for R.I. Commerce Corp.’s Invention Incentive Program, the agency announced Monday.  Launched in 2025, the Invention Incentive Program offers...

AAA Northeast affiliate to add 370 new jobs to R.I. over...

PROVIDENCE – AAA Northeast affiliate Motor Club Insurance Co. is expected to bring 370 new jobs to the state over the next decade. The Rhode...

Stefan Pryor finally confirmed as R.I. Commerce secretary

Rhode Island Commerce Secretary Stefan Pryor can finally remove the “interim” from his title following his confirmation vote by the Senate Tuesday. The 28-7 vote...

R.I. Commerce Corp. awards $250K to Rhode Island League of Cities...

PROVIDENCE – The R.I. Commerce Corp. board of directors on Wednesday unanimously awarded $250,000 to the Rhode Island League of Cities and Towns to...
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