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BEFORE BECOMING RHODE ISLAND’S first secretary of commerce, Stefan Pryor was involved in reconstruction efforts in New York City following the 9/11 attacks as head of the Lower Manhattan Development Corp., formed in the aftermath of the disaster. / COURTESY R.I. COMMERCE CORP.

Five Questions With: Stefan Pryor

Stefan Pryor is Rhode Island’s first secretary of commerce. He was appointed by Gov. Gina M. Raimondo and unanimously confirmed by the state Senate...

Commerce CMO Salamano to return to private sector in Jan.

PROVIDENCE – R.I. Commerce Corp. Chief Marketing Officer Lara Salamano is returning to the private sector in mid-January, Commerce RI announced on Dec. 10. During...
LARA SALAMANO will depart her role as chief marketing officer at Commerce RI for the private sector in mid-January. / PBN FILE PHOTO/MICHAEL SALERNO

Commerce CMO Salamano to return to private sector in Jan.

PROVIDENCE – R.I. Commerce Corp.’s Chief Marketing Officer Lara Salamano is leaving the administration to return to the private sector in mid-January, according to...

Officials left guessing on Hasbro plans

Call it The Big Mum. One of the world’s largest toymakers and among Rhode Island’s iconic companies, Hasbro Inc. is considering moving its headquarters...
FINANCIAL BOOST: A $100,000 Small Business Assistance Program loan from R.I. Commerce Corp. helped Shaidzon Beer co-owners Josh Letourneau, left, and Chip Samson launch their brewing company in South Kingstown. / PBN FILE PHOTO/MICHAEL SALERNO

Commerce RI helps secure $10M for small businesses through SBAP loans

From kegs and bottles to packaging materials and professional costs, when Shaidzon Beer Co. was setting up in the months prior to its November...

Despite false start, transformation of Jewelry District taking shape

On a recent gray, autumn afternoon, early rush-hour traffic was backing up along Point Street in the old Jewelry District in downtown Providence. Most...
INFOSYS PRESIDENT Ravi Kumar said that the India-based technology giant tentatively plans to open Design & Innovation hub in Providence in early December. / BLOOMBERG NEWS FILE PHOTO/ANDREW HARRER

Infosys targets Providence hub opening for December

PROVIDENCE – India-based technology giant Infosys Ltd. tentatively plans to open for business in Providence in early December, Infosys President Ravi Kumar said Monday. Speaking...

R.I. tops in small-biz survival

The climate in Rhode Island for small businesses has generally been on the upswing – by one recent study it’s the second-best in the...

Rebuild Rhode Island tax credit program surpasses $100M mark

PROVIDENCE – The state’s Rebuild Rhode Island tax credit program recently exceeded the $100 million mark with last month’s award to Rubius Therapeutics Inc. The...
RUBIUS THERAPEUTICS was approved for a potential $9 million in tax incentives by the R.I. Commerce Corp. Thursday. The company plans to retrofit a Smithfield manufacturing facility through a $155 million investment.

Biotech firm Rubius Therapeutics gains state incentives, will open new plant

PROVIDENCE – R.I. Commerce Corp., the state’s economic development agency, on Thursday approved a package of tax reductions and incentives potentially worth more than...
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