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REGENT CRAFT INC. received approval on Wednesday, June 1, 2022, from the R.I. Commerce Corp. for up to $13 million in state tax credits to establish 300 jobs in Rhode Island. / COURTESY REGENT CRAFT INC.

R.I. Commerce approves $13 million in tax credits for ‘seaglider’ startup

Economic Activity 06/01/2022

PROVIDENCE – The R.I. Commerce Corp. on Wednesday unanimously approved $13 million in tax incentives for Regent Craft Inc. to move from Massachusetts to...

REGENT CRAFT INC., a startup company now based in Massachusetts that's developing an on-the-water transport vessel called a "seaglider," is seeking tax credits worth up to $13 million from R.I. Commerce Corp. through the Qualified Job Tax Credit program. / RENDERING COURTESY REGENT CRAFT INC.

‘Seagliders’ developer seeks up to $13M in tax credits for move...

Economic Activity 05/31/2022

PROVIDENCE – A company with backing from Dallas Mavericks owner Mark Cuban that’s behind the development of “seagliders” – a new type of regional...

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