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THE RHODE ISLAND FOUNDATION and R.I. Commerce Corp. released Friday a study on how the state's number of minority-owned businesses is still lagging behind the national average, and recommendations on how to address the issue. / COURTESY RHODE ISLAND FOUNDATION

R.I. Foundation study: Minority-owned businesses still lacking in state

PROVIDENCE – While the minority population in Rhode Island is increasing, the number of minority-owned businesses in the Ocean State still lag behind the...
HILARY FAGAN has been named the new president of R.I. Commerce Corp. / COURTESY R.I. COMMERCE CORP.

R.I. Commerce Corp. taps Fagan as new president

PROVIDENCE – Hilary Fagan will become R.I. Commerce Corp.’s new president next month, replacing Jesse Saglio. The quasi-public agency announced late Monday that Fagan, R.I....
ABOUT 200 PEOPLE attended Providence Business News' 2022 Book of Lists Premier Event at the Graduate Providence. / PBN PHOTO/MIKE SKORSKI

PBN officially debuts 2022 Book of Lists at Graduate Providence

PROVIDENCE – Approximately 200 local business individuals gathered Thursday at the Graduate Providence to network with one another during Providence Business News’ 2022 Book...
THE STATE IS IN HEAVY NEGOTIATIONS on a deal that "has legs" to redevelop the Industrial Trust Co. Building in downtown Providence into residential units, according to Gov. Daniel J. McKee. / PBN FILE PHOTO

McKee: ‘Heavy’ negotiations ongoing for Superman building, proposal ‘has legs’

PROVIDENCE – Rhode Island officials said they are currently engaged in serious negotiations with the owner of the Industrial Trust Co. Building – Rhode...
THE R.I. COMMERCE CORP. Board of Directors voted on Friday, Jan. 14, 2021, to start distributing $5,000 grants and provide technical assistance using $32 in federal funds provided to the state through the American Rescue Plan Act. / COURTESY COMMERCE CORP.

R.I. Commerce board approves $5K grants for small businesses

PROVIDENCE – Gov. Daniel J. McKee said $5,000 grants administered through the RI Rebounds Initiative program will go a long way in helping struggling business,...

$55M hotel project completed in I-195 District in Providence

PROVIDENCE – Construction on the 162,000-square-foot, seven-story Aloft Providence Downtown at 191 Dorrance St. recently reached the finish line after breaking ground in early...

Josh Saal named new R.I. housing czar

PROVIDENCE – Gov. Daniel J. McKee has appointed Josh Saal as Rhode Island's deputy secretary of commerce for housing to oversee the state’s housing...
THE R.I. COMMERCE CORP. board of directors voted on Monday to award 11 organizations a total of $1.4 million in Innovation Network Matching Grants. Pictured with board members are Gov. Daniel J. McKee, background center, and Commerce Secretary Stefan Pryor, far right. / COURTESY R.I. COMMERCE CORP.

R.I. Commerce board awards $1.4M to support small businesses, nonprofits

PROVIDENCE – As the economy emerges from the pandemic crisis, the R.I. Commerce Corp. board of directors on Monday approved the awarding of $1.4...
SMALL-BUSINESS STARTER: Providence-based Maternova Inc. was the first medtech venture to complete an accelerator program at Social Enterprise Greenhouse. The company’s founder, Meg Wirth, foreground, is now SEG’s director of health and wellness. / PBN FILE PHOTO/ELIZABETH GRAHAM

Lending some help to little guys

SMALL BUSINESS Ask any Rhode Island small-business owner if they could use more help – loans, grants, coaching, training programs – and it’s safe to...
FUTURE WORKFORCE? Rhode Island high school students participating in a career pathway program for offshore wind jobs ride in a boat circling a Block Island Wind Farm turbine. /  COURTESY LUCKY DAWG PHOTOGRAPHY/DOUG LEARNED

A reversal of fortune on jobs front

WORKFORCE After working for years to create new jobs in Rhode Island, state labor officials have been faced with an unusual problem recently. In some...
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