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Thorne Sparkman

Driving Forces: Thorne Sparkman

Thorne Sparkman Slater Technology Fund managing director THORNE SPARKMAN has a simple theory about how to build a stronger Rhode Island: Find the most promising ideas...

PBN celebrates 40th anniversary with business community

PAWTUCKET – Providence Business News on Thursday celebrated four decades of providing business journalism to Rhode Island and southeastern Massachusetts at its 40th Anniversary...
MEETING OF MINDS: Bob Chatman, left, Slater Technology Fund director, discusses the fund’s portfolio with Thorne Sparkman, Slater’s managing director, at the CIC Providence LLC building, the location of several companies that Slater has invested in. 
PBN PHOTO/MICHAEL SALERNO

A HIGH-STAKES VENTURE: Slater startup fund has placed bets on 140...

Rhode Island’s old industrial base had already been decimated by the mid-1990s when state leaders scrambled to find ways to reinvent and revive the...

Slater Technology Fund adds Brown, URI researchers to board of directors

PROVIDENCE – A researcher from Brown University and a researcher from the University of Rhode Island have joined the Slater Technology Fund’s board of...
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...
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