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.