News - Small Business Services
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Governor, RIEDC, SBA Launch $200M Small Business Stimulus Package
12/11/2008 - 12:02
Governor Donald L. Carcieri joined members of the local banking community, the Small Business Administration and the Rhode Island Economic Development Corporation at a press conference to unveil details of the Small Business Stimulus Package. The six point package included an infusion of capital into the State’s Small Business Loan Fund (SBLF), a state-backed loan guarantee program to encourage lending to small business, and a pledge from the local banking community to invest more than $165 million into small and mid-sized Rhode Island businesses over the next two years, and an additional pledge of $5 million in gap financing from the Business Development Company of Rhode Island.
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RIEDC Launches Small Business Survival Series
11/25/2008 - 13:24
The Rhode Island Economic Development Corporation announced it will a host series of five seminars in December designed to help Rhode Island’s small businesses survive and thrive in tough economic times — RIEDC’s Small Business Survival Series.
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RIEDC Partners with Alternative Lenders and Growth Capital Experts to Help Rhode Island Businesses Find New Sources of Capital
11/10/2008 - 11:14
RIEDC will host two financing educational seminars this month targeting the state’s small business community: “Navigating the Credit Crunch: Alternative Lending Sources” on Wednesday, November 19 at noon and “Financing Fast Growth” on Tuesday, November 25 at 10 a.m.
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Legislation Seeks Growth Capital Program to Support Rhode Island Businesses
05/15/2008 - 10:20
Legislation to create a $20-million Growth Capital Guarantee Program has been introduced to the Senate and House of Representatives of the Rhode Island General Assembly. The legislation seeks to reposition existing guarantee authority currently in the Rhode Island Industrial-Recreational Building Authority (IRBA) program to help companies well positioned to create new high-wage jobs obtain growth capital from private sector lenders using assets other than real estate, machinery and equipment.
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RIEDC to Sponsor Supply Chain Management Summit
05/13/2008 - 10:37
The Rhode Island Economic Development Corporation (RIEDC), along with Bryant University, Banneker and the Rhode Island Manufacturing Extension Services (RIMES), is sponsoring the 2008 Rhode Island Supply Chain Management Summit.
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RIEDC Financing Programs Create, Retain More than 400 Jobs in 12 Month Period
05/12/2008 - 08:49
The Rhode Island Economic Development Corporation’s Small Business Loan Fund (SBLF) and Micro Loan program have helped create and/or retain more than 400 jobs in the last year. Since June 2007, 12 loans totaling $2.6 million were awarded to both small and mid-sized businesses located in communities throughout the state.
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RIEDC Expands Small Business Support Effort
04/21/2008 - 09:42
The RIEDC has announced the expansion of the Regulatory Flexibility (RegFlex) program, an effort to reduce the regulatory burden on small businesses. RegFlex is administered by the agency’s Every Company Counts small business service unit. RegFlex expansion will increase RIEDC’s outreach with both small businesses and state agencies to better understand the impact of state regulations and to suggest improvements that will lessen the regulatory burden on small business.
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November 5 - We Mean Business Expo
11/05/2007 - 06:00
What does your business need today to be successful? For the first time ever, federal, state and local government agencies will come together in one place for just one day. Come talk face-to-face with the agencies that regulate your business. Get free business advice from a team of experts put together especially with small businesses in mind. Go to one of the free workshops on topics ranging from customer service to marketing.
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Matchmaker Event Spurs Success Story
08/06/2007 - 15:30
In June, the Rhode Island Economic Development Corporation and the Rhode Island Procurement Technical Assistance Center, as members of the Department of Defense Northeast Regional Small Business Council, hosted a three-day spring matchmaker event at the Crowne Plaza Hotel in Warwick, where 577 small businesses and 63 prime contractors and federal agencies attended.
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Live Now: Every Company Counts Spanish Website
05/21/2007 - 02:00
Rhode Island's Latino community will now have the online resources offered to Rhode Island's entire small business community - in Spanish. At www.everycompanycounts.com/spanish_content.asp, Every Company Counts brings valuable information to the Spanish business community such as important upcoming events, articles written (not translated) in Spanish by Latino entrepreneurs and links to other Rhode Island resources that provide assistance in Spanish.