Friday, February 3, 2023

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SBA reports ‘banner’ year of 504 loans for R.I. small businesses

PROVIDENCE – The U.S. Small Business Administration reported its highest-ever fixed-assets funding for Rhode Island small businesses for the year that ended Sept. 30,...
ELEVEN SMALL businesses and nonprofits are getting nearly a combined $50,000 under Social Enterprise Greenhouse’s new Microgrant Fund. 

SEG awards $50K to 11 businesses, nonprofits

PROVIDENCE – Eleven small businesses and nonprofits have been awarded nearly a combined $50,000 under Social Enterprise Greenhouse’s new Microgrant Fund. The funds of up to...

Federal Reserve survey highlights small-business hiring woes

PROVIDENCE – Small businesses are finding their usual hiring efforts aren’t producing the same results, according to a new survey by the Federal Reserve...
DECISION TIME: Providence Mayor Jorge O. Elorza, seated, and the City Council must decide on $10 million in recommended spending for the city’s racial reparations program. Elorza is pictured in February at the announcement of his creation of a panel that has made spending recommendations for the program. 
COURTESY CITY OF PROVIDENCE

City must make clearer goals, scope of reparations program

Proposed spending for Providence’s still-evolving racial reparations program includes several worthy suggestions. Among them, funding for homeownership, workforce training and support for small businesses. The...

HarborOne Bank opens applications for small-business pitch contest

PROVIDENCE – HarborOne Bank recently opened applications for its seventh annual small-business pitch contest, according to a news release. The annual pitch competition offers small...

HarborOne study shows increasing consumer support for small businesses

PROVIDENCE – Shoppers are more committed to supporting small businesses now than before the pandemic hit, according to a new survey by HarborOne Bank. And...

Citizens Bank launches annual small-business contest

PROVIDENCE – Citizens Bank is offering $10,000 grants to 30 small businesses across its footprint as part of its annual Small Business Community Champion...

R.I. Commerce Corp. receives over 2,000 applicants for its small-business grant...

PROVIDENCE - More than 2,000 applications have been submitted within a week's time for small-business grants from the $12.5 million in American Rescue Plan...

McKee: R.I. ‘resilient and full of opportunity’

PROVIDENCE – Standing before a masked audience at the Statehouse, Gov. Daniel J. McKee on Tuesday struck a hopeful tone in promising to push...
GOV. DANIEL J. MCKEE announced Thursday a proposed supplemental budget for the state to immediately spend approximately $100 million in American Rescue Plan Act funds. / AP FILE PHOTO/STEVEN SENNE

McKee submits budget amendment plan to spend over $100M of R.I.’s...

PROVIDENCE – Gov. Daniel J. McKee on Thursday outlined his plan to spend nearly 10% of the state's $1.1 billion in American Rescue Plan...
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