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THE NSF SEAFOOD Engine aims to grow New England’s historical seafood industry and tech sector into a more profitable pillars of the regional and national economy, officials say. / COURTESY UNIVERSITY OF RHODE ISLAND/ NORA LEWIS

NSF Seafood Engine in New England granted $15M to strengthen industry

PROVIDENCE – The NSF Seafood Engine in New England, a seafood industry technology initiative, has been awarded $15 million in federal funding to help...

PBN unveils 2026 Leaders & Achievers honorees

PROVIDENCE – Providence Business News has named 24 honorees for its 2026 Leaders & Achievers Awards program. The individuals chosen for this year’s program –...

R.I. Commerce Corp. accepting Wavemaker Fellowship applications until July 31

PROVIDENCE – Applications are now being accepted for the state’s Wavemaker Fellowship program, a student-loan reimbursement program for graduates in certain fields that aims...

Raytheon invests $100M in Portsmouth facility

PORTSMOUTH – Raytheon announced Monday it is investing $100 million in its facility at 1847 West Main Road to accelerate radar testing and interceptor...

R.I. Commerce awards $800K in innovation grants

PROVIDENCE – The R.I. Commerce Corp. board of directors has awarded $800,000 to 13 organizations through its Innovation Network Matching Grant Program.  The program provides grants...

Connect with Commerce: ‘Superman’ building owners seeking federal loan

(Editor’s note: This is the third in an occasional series focused on questions from Providence Business News readers for R.I. Secretary of Commerce Stefan...

Boston Fed’s Susan Collins hears from R.I. CEOs on labor shortages,...

PROVIDENCE – Boston Federal Reserve CEO and President Susan M. Collins met privately with Rhode Island business leaders earlier this month as part of...

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...
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...

R.I. Commerce accepting applications for two commercial improvement grants

PROVIDENCE – Applications are now being accepted for R.I. Commerce Corp.’s Main Street Rhode Island Streetscape Improvement Fund and Site Readiness Program grants, the...
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