business

Economy
8:46 am
Tue March 10, 2015

Business Leaders React Coolly To Raimondo's Mininum Wage Proposal

Business leaders are expressing concerns about Governor Gina Raimondo’s proposal to increase the minimum wage to $10.10 an hour, effective in 2016.

Laurie White, president of the Greater Providence Chamber of Commerce said she doesn't oppose the wage hike, but points out it could cause unintended consequences, especially for small businesses.

“Which would be potentially the shrinkage of hours for workers and also the potential that fewer jobs would be created,” said White.

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Business
9:50 am
Fri March 6, 2015

The Bottom Line: Deepwater Wind CEO On Financing For Block Island Wind Farm

Providence Business News Editor Mark Murphy joins Rhode Island Public Radio's Dave Fallon for our weekly business segment The Bottom Line.

This week Dave and Mark get an update on the Block Island Wind Farm project with Deepwater Wind CEO Jeff Grybowski.

When to Listen

You can hear The Bottom Line each Friday at 5:50pm.

Do you have insight or expertise on this topic? Please email us, we'd like to hear from you. news@ripr.org  

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Business
8:27 am
Mon December 29, 2014

The Bottom Line: Serving Rhode Island's Homeless And Working Poor

Providence Business News Editor Mark Murphy joins Rhode Island Public Radio's Dave Fallon for our weekly business segment The Bottom Line.

  

This week, Dave and Mark talk with Anne Nolan, president of Crossroads Rhode Island.  They discuss the cost of homelessness to the state.  They also examine some of the difficulties faced by the working poor and homeless, as well as those faced by those non-profits that serve them.   

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The Bottom Line
5:01 pm
Fri December 19, 2014

The Bottom Line: How Raimondo’s Economic Summit Will Boost RI’s Economy

Providence Business News Editor Mark Murphy joins Rhode Island Public Radio's Dave Fallon for our weekly business segment The Bottom Line.

This week, Dave and Mark talk with Cheryl Merchant, President and CEO of Hope Global in Cumberland. They discus Governor-elect Gina Raimondo’s economic summit this week: the ideas and expectations from the business community.

When to Listen

You can hear The Bottom Line each Friday at 5:50pm.

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Economy
9:51 am
Thu October 2, 2014

Rhode Island's First Culinary Business Incubator Opens

Hope & Main opened officially on Friday in Warren, Rhode Island.
Credit Hope & Main

Rhode Island’s very first food business incubator opens officially Thursday in Warren.  The program, called Hope and Main, helps local culinary companies get on their feet.

Companies accepted into the non-profit program get use of three full sized industrial kitchens, for rent at below market rates.  They're located at the program’s headquarters; an old school building in Warren. The idea is to make it easier for culinary business by keeping down the high initial investment of equipping a commercial kitchen. Currently businesses are staying for their first two to three years.

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Local Features
4:16 pm
Tue June 10, 2014

Chafee Announces $2.1 Million For Youth Summer Work Experiences

Governor Lincoln Chafee
Credit Catherine Welch / RIPR

Governor Lincoln Chafee has announced that $2.1 million dollars of state and federal funding will support youth summer work experiences in a variety of industries this summer. Starting in July, more than 20 community-based organizations will provide work experience and work-readiness training to residents between 14 and 24 years old. 

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The Bottom Line
3:02 pm
Fri November 22, 2013

The Bottom Line: RI EDC’s Long-Term Solutions For Economic Growth

Providence Business News Editor Mark Murphy joins Rhode Island Public Radio's Dave Fallon for a weekly business segment we're calling "The Bottom Line." Each Friday they look at business news and themes that affect local business and the public.

This week Dave and Mark talk with Rhode Island Economic Development Corporation Executive Director Marcel Valois. They discuss the EDC’s long-term and short-term plans to spark economic growth, and the agency’s future after January 1st when legislative changes reshape the agency.

When to Listen

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Business
8:34 am
Tue September 17, 2013

Providence to Play Host to 'Innovation Factory' Business Summit

More than 400 thinkers and entrepreneurs plan to gather in Providence later this week for the Business Innovation Factory’s ninth summit.

The head of the factory, Saul Kaplan, said new collaborations and projects come out of the summit every year. About two-thirds of the attendees come from outside of Rhode Island.

“The people that are there and the people that are in the room have an incredibly positive view of Rhode Island. They believe Rhode Island is a place where innovation can happen, so it changes the conversation," said Kaplan.

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On Politics
1:57 pm
Tue July 30, 2013

Venture Capitalist Kopelman Offers a Pep Talk for RI Entrepreneurs

Kopelman (right) ponders a question from Angus Davis during the discussion at Betaspring
Credit Ian Donnis / RIPR

Two start-up types were stuck searching for a taxi in the rain outside a meeting in Paris a few years back when they struck on a disrupting concept -- Uber, a phone-based app that lets users summon a car for hire in minutes with the metaphorical push of a button.

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Business
3:00 pm
Mon May 13, 2013

RI Hands Out $60K in Workforce Training Grants

Twenty businesses in Rhode Island received grants from the state to help pay for employee training.

The Governor’s Workforce Board doled out $60,000 worth of matching grants to help businesses pay for training. Employers can either match the $5,000 grants or provide an approved internship to cut their match in half.

This round of grants will help pay for training in such areas as medical billing, software training and welding technology. The governor calls the grants ideal for small businesses.

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