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SBA recognizes 2024 Rhode Island lenders of the year

PAWTUCKET – A total of 317 loans were made in Rhode Island by 47 different lending institutions across the U.S. Small Business Administration’s 7(a),...

Robert Piechota was appointed district director of the U.S. Small Business Administration’s Rhode Island district office in September. He joined the agency in 2019 as branch manager of the Long Island, N.Y., office and spent two years as deputy district director for Delaware’s district office. / PBN PHOTO/MICHAEL SALERNO

Fear and ego stall success

Robert Piechota | U.S. Small Business Administration Rhode Island district director I have found that there is one key trait shared by successful business leaders....
SANDRA CANO, a former state senator from Pawtucket, is now the U.S. Small Business Administration's new regional administrator for New England. / COURTESY SANDRA CANO

Former R.I. senator Cano now SBA’s New England regional administrator

PROVIDENCE – Two months after she resigned from the R.I. Senate, rumors of Sandra Cano taking a job with the U.S. Small Business Administration...
PLAY BALL: Brooke Cooper, executive vice president and general manager of the Worcester Red Sox, will be the guest speaker at the Northern Rhode Island Chamber of Commerce’s Bold in Business breakfast event on Oct. 17 at Bryant University in Smithfield. 
COURTESY NORTHERN RHODE ISLAND CHAMBER OF COMMERCE

Editor’s Choice: Worcester Red Sox executive Cooper to speak at NRI...

EDITOR’S CHOICE Worcester Red Sox executive to speak at NRI Chamber breakfast THE NORTHERN RHODE ISLAND Chamber of Commerce will hold a Bold in...

R.I. Commerce awarded $160K from SBA to support underserved communities

PROVIDENCE – The R.I. Commerce Corp. has been awarded nearly $160,000 from the U.S. Small Business Administration’s Federal and State Technology Partnership Program to...
SEN. SANDRA CANO, D-Pawtucket, announced late Thursday she is resigning from the R.I. Senate and will not seek reelection this year. / COURTESY R.I. GENERAL ASSEMBLY

Sen. Sandra Cano resigns to take possible new job with SBA

PROVIDENCE – Sen. Sandra Cano, D-Pawtucket, who has served in the R.I. General Assembly for the last six years and recently had a brief...
HANGING ON: After successfully running her boutique business in Wayland Square in Providence for 46 years, F. Bianco of Rhode Island Inc. owner Florence Voccola said she’s been “hanging on by a thread” since the closure of the westbound side of the Washington Bridge in ­December.
PBN PHOTO/­MICHAEL SALERNO

Grants, not loans, coming to aid businesses hurt by Washington Bridge...

In areas hardest hit by the Washington Bridge closure, many business owners have implored officials that it’s going to take more than a loan...
GIVE ’EM CREDIT: Joseph Raycraft, U.S. Small Business Administration’s export finance manager for the New England region, foresees the agency’s pilot “working capital” program enabling many businesses to expand. 
COURTESY U.S. SMALL BUSINESS ­ADMINISTRATION

SBA’s new pilot program a potential line of credit

Today, the average annual percentage rate on a new small-business credit card is 17.82%, but that hasn’t stopped roughly 25% of businesses from using...
ONBOARD YET? Mark Parsons, center, founder of the nonprofit New Bedford Research and Robotics, and Ian Estaphan Owen, left, co-founder and CEO of Bristol-based Jaia Robotics Inc., talk with Annie Colarusso, Economic Development Administration tech hubs deputy director, about the regional blue economy during a boat cruise in Bristol Harbor in early August. 
PBN PHOTO/
JACQUELYN VOGHEL

HUB SNUB: Can R.I.’s effort to build blue economy weather missing...

With a team of researchers spread coast to coast, Nereid ­Biomaterials had a few options when looking for a place to set up a...
ROBERT PIECHOTA has been named the new U.S. Small Business Administration Rhode Island district director. / COURTESY U.S. SMALL BUSINESS ADMINISTRATION

Piechota named new U.S. SBA Rhode Island district director

PROVIDENCE – The former U.S. Small Business Administration’s Delaware district director will be heading north to the Ocean State to lead the SBA’s Rhode...
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