Business Facilities
JANUARY 22, 2014
Rhode Island is poised to clear away the last bits of wreckage left from its failed $75-million investment in former Red Sox pitcher Curt Schilling’s bankrupt video game company, 38 Studios. A bill moving through the state legislature will re-brand the troubled Economic Development Corporation as the Rhode Island Commerce Corp.,
Business Facilities
OCTOBER 11, 2017
RHODE ISLAND THINKS BIG. Rhode Island has set its sights on becoming a top hub of innovation. Companies such as GE Digital, Finlays, Richard Branson’s Virgin Pulse and Johnson & Johnson already are establishing innovation labs and offices in Rhode Island, creating hundreds of new jobs.
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Buisness Facilities Contributed Content
APRIL 15, 2014
million loan participation program fostering business expansion and job creation in Arizona by providing debt financing for small businesses (in collaboration with private finance partners). Additionally, the company must demonstrate that it can service the debt. 97% increase in personal property tax exemption. TAX INCENTIVES.
Buisness Facilities Contributed Content
MARCH 21, 2014
Loan proceeds are to be used for working capital, inventory, equipment purchase, and real property improvements but cannot be used for refinancing of existing debt or outstanding debt payments. Funds cannot be used for debt refinancing or contingency funding. The program ends December 2016. EMPLOYEE TRAINING PROGRAMS.
Buisness Facilities Contributed Content
APRIL 12, 2016
The debt-free, state-of-the-art AnC Bio facility will take about 18 months to build. This year, a breakthrough was achieved in Rhode Island: a small-scale project still under construction in the waters off Block Island is poised to become the first operational offshore wind power facility in the United States.
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