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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...
THREE LOCAL MANUFACTURERS were recently approved by Gov. Gina M. Raimondo and the R.I. Commerce Corp. board of directors to receive Innovation Vouchers, bringing the program's total to 50 awarded vouchers representing $2.3 million in investment.

3 manufacturers round out Innovation Voucher recipients at 50

PROVIDENCE – Three late Monday additions to the roster of Innovation Voucher recipients, all within the manufacturing industry, have brought the total to 50, representing...
PREPARING FOR SUCCESS: Amgen Rhode Island senior associates Devon Zayas, left, and Scott Lyons conduct a safety check prior to using a bioreactor at the company’s West Greenwich facility. / PBN PHOTO/
RUPERT WHITELEY

Commerce RI approves incentives for new Amgen biomanufacturing facility

PROVIDENCE – The R.I. Commerce Corp on Tuesday approved approximately $8.2 million in incentives with the possibility for up to $9.4 million in incentives for...
FINLAYS celebrated a ribbon cutting for its new R&D and manufacturing facility in the Quonset Business Park. From left, Steven J. King, managing director of Quonset Development Corp., Gov. Gina M. Raimondo, Steve Olyha, CEO of Finlay Extracts & Ingredients USA, Stefan Pryor, R.I. commerce secretary, and Richard A. Welch, president, North Kingstown Town Council. / COURTESY FINLAYS

Finlays celebrates ribbon cutting at new Quonset Park facility

NORTH KINGSTOWN – Finlay Extracts & Ingredients USA Inc. celebrated the ribbon cutting for its 28,800-square-foot global research and development, and manufacturing center at...
GOV. GINA M. RAIMONDO called on the House and its speaker, Nicholas A. Mattiello, to review the deal to keep the PawSox in Rhode Island Friday, expressing concern the team could move to Worcester, Mass. / PBN FILE PHOTO/ ELI SHERMAN

Raimondo calls for PawSox action from the House

(Updated at 5:30 p.m. to correct to "Senate" in second paragraph.) PROVIDENCE – At a late Friday afternoon press event, Gov. Gina M. Raimondo called...
IN RESPONSE TO ITS REQUESTS FOR PROPOSALS for one or more Innovation Campuses, the R.I. Executive Office of Commerce has received 16 applications. / COURTESY EXECUTIVE OFFICE OF COMMERCE

R.I. receives 16 applications for Innovation Campus partnerships

PROVIDENCE – The R.I. Commerce Corp. has received 16 responses to its solicitation for proposals to create an innovation campus associated with the University...
THE OCEAN INNO Tech Fest 2018 on May 10 at McCoy Stadium in Pawtucket will feature virtual reality, artificial intelligence, robotics and professional drone racing. / COURTESY CITY OF PAWTUCKET

Ocean Inno Tech Fest 2018 to highlight future of innovation

PAWTUCKET – Ocean Inno Tech Fest 2018 was announced earlier this month at its official launch, a collaborative project between the city of Pawtucket,...
R.I. COMMERCE CORP. announced it is accepting applications for Innovation Vouchers. The program is now open to manufacturers for internal research and development. Above, Commerce Secretary Stefan Pryor. / COURTESY COMMERCE RI

Innovation application period open; program expanded for manufacturers

PROVIDENCE – The application period for the Innovation Voucher program is now open, the R.I. Commerce Corp. announced Thursday. Commerce also expanded the voucher program....
GOV. GINA M. RAIMONDO has proposed 15 new cuts to what she called duplicative and unnecessary fees and procedures for several small business sectors. /PBN FILE PHOTO/ELI SHERMAN

Raimondo proposes eliminating certain fees and procedures for small businesses

PROVIDENCE – In addition to the previously announced $500,000 proposed increase to small business loans to double the number of small loans in the...
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