EDC

RI News
5:18 pm
Thu December 12, 2013

RIDOT: $29M In Transportation Projects Seek Funding

The public has a chance to weigh in Friday on a slate of proposed transportation projects that will be paid for out of a new fund

The new fund helps cities and towns access low-interest loans for road construction projects. It’s modeled after the state’s Clean Water Finance Authority, which over the past 15 years has loaned out $1 billion for municipal sewage treatment projects. In fact, the Clean Water Finance Authority will administer this new transportation fund.

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The Bottom Line
4:59 pm
Fri November 29, 2013

The Bottom Line: Slow And Steady Growth Is Key At RI EDC

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 small business loan program and why slow and steady wins the race.

When to Listen

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

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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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RI News
2:34 pm
Tue November 19, 2013

Belcourt Of Newport Pulls EDC Grant Request For Mansion Upgrade

Alex and Ani founder Carolyn Rafaelian owns Belcourt of Newport, which was seeking an EDC grant to pay for eco-friendly upgrades.
Credit Wiki Commons

Belcourt of Newport has pulled its application for a state renewable energy grant. Alex and Ani owner Carolyn Rafaelian bought Belcourt and is currently renovating the Newport mansion.

The Rhode Island Economic Development Corporation was supposed to take up this month an $18,500 grant for a solar array and geo-thermal heating and cooling system for Belcourt. But the EDC said Belcourt has pulled the grant request.

The EDC put off a vote on awarding the grant at its last meeting after two board members recused themselves due to a conflict of interest.

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Environment
1:26 am
Wed November 13, 2013

Alex And Ani Founder Seeks EDC Grant for Belcourt Upgrades

Belcourt Castle in Newport is now owned by Alex and Ani owner Carolyn Rafaelian.
Credit Wikimedia Commons

The founder of Alex and Ani is seeking a grant from the Rhode Island Economic Development Corporation. The grant is to help make Belcourt Castle in Newport more eco-friendly.

Alex and Ani founder Carolyn Rafaelian bought Belcourt Castle, renamed it Belcourt of Newport, and is now refurbishing the place. Rafaelian is seeking a grant of $18,500 for a solar array and a geothermal heating and cooling system.  The grant would come from the EDC’s Renewable Energy Fund.

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Business
1:52 pm
Fri September 27, 2013

"Make it Happen" One Year Later

A little more than a year ago, the Rhode Island Foundation gathered more than 300 people from across the community to brainstorm ways to boost the state’s sagging economy.

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The Bottom Line
4:00 pm
Fri September 13, 2013

Bottom Line: The Politics and the Changing Business Environment

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 sit down with RI Public Expenditure Council Executive Director John Simmons.

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38 Studios
12:55 pm
Thu August 29, 2013

Conversation: Winners & Losers in 38 Studios Lawsuit

The state’s lawsuit over failed video game company 38 Studios will move forward. Superior Court Judge Michael Silverstein dismissed some of the counts, but allowed key parts of the state’s lawsuit to move ahead.

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RI News
2:20 pm
Wed August 28, 2013

RI Judge Allows Bulk of 38 Studios Lawsuit to Move Ahead

This desk trophy commemorating the 38 Studios $75 million loan was auctioned off after the company went bankrupt.
Credit file / RIPR

Rhode Island’s lawsuit over failed video game company 38 Studios will move forward. Superior Court judge Michael Silverstein dismissed some of the counts, but allows key parts of the state’s lawsuit to move ahead.

(Read the judge's 98-page decision here.)

When video game maker 38 Studios went belly up after receiving a $75 million state loan guaranty, it left taxpayers in the lurch for roughly $100 million.

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Political Roundtable
8:44 am
Fri July 19, 2013

Bonus Q+A: Gordon Fox

Seldom does a politician have a chance to not only change history but the trajectory of his own life. That was the case this year with Rhode Island Speaker of the House Gordon Fox, who spearheaded the same sex marriage bill that passed the General Assembly after years of defeat. Fox, an openly gay politician, discussed how the law will affect his own life in an interview with Rhode Island Public Radio’s Flo Jonic and Scott MacKay.

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