Rhode Island Economic Development

Rhode Island Welcomes New Biomanufacturing Facility

News Summary Organogenesis, a Massachusetts-based regenerative medicine company, plans to invest nearly $100 million in a new biomanufacturing facility in…

1 month ago

Local Return Launches Jumpstart Rhode Island Initiative

News Summary Local Return, a nonprofit organization, is set to launch Jumpstart Rhode Island, a new initiative designed to empower…

1 month ago

Rhode Island’s Hospital Price Caps Show Positive Impact on Consumer Costs

News Summary A study from Brown University revealed that Rhode Island's affordability standards, implemented in 2010, have helped reduce consumer…

1 month ago

Rhode Island Takes Action to Combat Talent Shortage

News Summary Rhode Island is implementing new workforce development initiatives to tackle its talent shortage. Governor Dan McKee emphasizes continued…

1 month ago

Rhode Island Faces Economic Challenges Amid Recession Warnings

News Summary Rhode Island is potentially on the brink of a severe economic downturn, with economists signaling early signs of…

1 month ago

Rhode Island Health Care Spending Surges in 2023

News Summary Rhode Island has seen a significant increase in health care spending in 2023, rising by 7.8% to approximately…

1 month ago

Governor McKee Nominates Tracey Wiley to RI Commerce Board

News Summary Governor Dan McKee has nominated Tracey Wiley to the board of directors for the Rhode Island Commerce Corporation.…

1 month ago

Octavius Prince Leads Bid for Greenleaf Compassion Center

News Summary Octavius Prince is leading a group effort to acquire the Greenleaf Compassion Center, a medical marijuana facility currently…

1 month ago

Organogenesis Expands Biomanufacturing in Rhode Island

News Summary Organogenesis Holdings has signed a full-building lease for 123,000 square feet at 100 Technology Way in Smithfield, Rhode…

2 months ago

Rhode Island Proposes Bill to Lift Investment Restrictions

News Summary A new bill introduced by Representative Alex Finkelman aims to remove investment caps for the insurance company FM,…

2 months ago