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GROWTH OPPORTUNITY: Anthony Ramon, owner of Sopha’s Café in Cranston, says a $120,000 loan through the State Small Business Credit Initiative allowed him to purchase the space to open his new culinary venture.
PBN PHOTO/MICHAEL SALERNO

$61.7M credit initiative slow to deploy money

In today’s economy, Anthony Ramon would have had a tough time securing a mortgage to buy a commercial building on Cranston’s Park Avenue, if...

Slater Technology Fund to oversee $12M for R.I. venture development

PROVIDENCE – Rhode Island's venture development efforts will get $12 million in federal funding via a new agreement between R.I. Commerce Corp. and the Slater...
STEADY PACE: Toye Onikoyi has founded two tech-related businesses in Rhode Island, including a virtual reality arcade called Bubbler VR. Unlike in bigger hubs, Onikoyi says, Rhode Island’s tech sector seems to move at a more deliberate speed, which sometimes can be an advantage. 
PBN PHOTO/MICHAEL SALERNO

TOO SMALL TO FAIL? R.I.’s low-profile tech sector avoiding carnage felt...

After John MacKrell launched an app-based laundry pickup and delivery service more than three years ago, a question sometimes came up during his search...

State of Innovation: R.I.’s ecosystem for entrepreneurs shows resilience

For the developers of Pointz, a navigation app geared toward safer routes for cyclists, Rhode Island offered a wealth of mentoring and networking opportunities,...

Slater Technology Fund head launches new, university-focused venture fund

PROVIDENCE - Rhode Island’s rich university landscape offers fertile ground for innovative, public interest-focused research. But translating those ideas into reality requires money, and...
SLATER TECHNOLOGY FUND has closed on a special purpose vehicle for the company HappyNest Inc., bringing private investment to the company.

Slater fund closes on private investment vehicle for HappyNest

PROVIDENCE – Slater Technology Fund on Monday said it closed on a special-purpose vehicle for HappyNest Inc., a technology-enabled laundry pickup and delivery service. The...

Slater Technology Fund to invest in Alcinous Pharmaceuticals

PROVIDENCE – The Slater Technology Fund, along with private angel investors, will invest up to $600,000 in Alcinous Pharmaceuticals, the nonprofit seed fund announced...
Thorne Sparkman joined Slater in 2000 as executive director of what was then known as the Slater Center for Interactive Technologies. He focuses on the earliest stage of company creation, including working with university-based teams commercializing research. / PBN PHOTO/RUPERT WHITELEY

Support the founders

Thorne Sparkman | Slater Technology Fund managing director As a seed-stage investor, I spend countless hours discovering and courting entrepreneurs, because the founders of today’s...

Piranha Pond pitch contest set for Nov. 13 at UMassD...

DARTMOUTH – The University of Massachusetts Dartmouth Center for Innovation and Entrepreneurship and the South Coast Entrepreneurs Collaborative will host a Piranha Pond pitch...
OPEN HOUSE: Sebastian Sheng, left, a first-year graduate student in PRIME, or program in innovation management and entrepreneurship at Brown University, speaks with, from left, Brown sophomores Isamella Espinosa, international relations major; Olivia Tulkoff, public policy major; and Jack Schaeffer, applied math and economics major, at the university’s Nelson Center for Entrepreneurship during an open house to kick off the fall semester.
 / PBN PHOTO/MICHAEL SALERNO

R.I. has a robust entrepreneurial community, but can it do more...

For a small state, Rhode Island punches above its weight when it comes to producing promising startups and organizations that help nurture and fund...
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