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Where’s the Talent? Go There.

November 8, 2016 9:22 am

If you build it, they will come? More like—go where they already are, and then build it. We’re talking, of course, about talent, and the importance of making sure, when locating or expanding a business, that the workforce you need is already in place. In today’s knowledge-driven economy, no resource is more important than human capital. Without a skilled local workforce, major investments in offices, plants and other facilities can be wasted money. This has…

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Three Fundamentals for Growing Advanced Industries

October 19, 2016 9:36 am

Businesses in advanced industries—including manufacturing, energy and services—are becoming increasingly more valuable for employers, employees and for the U.S. economy in general. On average, these high-tech jobs pay almost double what other sectors pay, according to the Brookings Institution; and for every new advanced industry job, 2.2 additional jobs are created. As a result, Brookings says a focus on advanced industries—R&D-intensive industries that concentrate the nation’s science, technology, engineering and mathematics (STEM) workforce—are crucial for…

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Raimondo Opens Innovation Voucher Grant Application Period

October 4, 2016 4:16 pm

Press Release RI Businesses with Fewer Than 500 Employees May Apply for Second Round of $50,000 Grants to Enable Innovation Through R&D Governor Gina M. Raimondo opened the second round of the state's Innovation Voucher Program today, soliciting applications from Rhode Island companies with fewer than 500 employees to apply for grants of up to $50,000 to fund research and development (R&D). "The Innovation Voucher Program enables us to support and incentivize the important research…

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How a small state made a big breakthrough in high tech job growth

September 26, 2016 4:11 pm

This piece was previously published in QUARTZ. States with jobs in innovation and technology industries are more prosperous, both now and later. And the more states that invest in the advanced industries supersector and become prosperous, the more likely our country is to have an economy that works for everyone. In a recent Brookings Institution report on the trends shaping America’s 50 advanced industries, advanced economies are extolled for creating long-term growth and remarkably high…

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Raimondo Opens Westerly P-TECH Program, Providing Rhode Island Students the Opportunity to Follow Paths in STEM Careers

September 7, 2016 9:40 am

Press Release Westerly, Newport, Providence Launch P-TECH Programs this Week Governor Gina M. Raimondo joined state and local officials to celebrate the opening of the Westerly P-TECH program at Westerly High School. The Pathways in Technology Early College High School program (P-TECH) is designed to open new doors for high school students to college and careers in advanced industries. Providence Career and Technical Academy also opened its P-TECH program yesterday, and Rogers High School in Newport will…

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Raimondo, State Officials Welcome Ivory Ella to Westerly with “Shirt-Cutting” Ceremony

August 31, 2016 12:51 pm

Press Release Online Retailer Moves Entire Company from Connecticut to Rhode Island, Bringing 40 Jobs and Plans to Expand Governor Gina M. Raimondo joined state and local officials at a ground-breaking ceremony to celebrate the opening of Ivory Ella's new headquarters in Westerly. The socially-minded online retailer has relocated to Rhode Island from Connecticut with assistance from the governor's economic development toolbox. News of the retailer's arrival is the latest in a series of positive economic developments…

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Gov. Raimondo’s Statement on Rhode Island’s Economic Data

July 22, 2016 9:59 am

Governor Gina M. Raimondo released the following statement on the announcement of the state's latest economic data. "Our economy's gain of 1,700 jobs is welcome news but we still have significant room for improvement," Governor Raimondo said. "This week alone, I have seen some of our initiatives at work. I met a young woman who is pursuing a career at Electric Boat. In the coming years, thousands more will join her. We highlighted the upcoming…

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Governor Announces SolarCity Expansion, Clean Energy Bills

July 8, 2016 10:34 am

Press Release Governor Gina M. Raimondo, joined by Senate President M. Teresa Paiva Weed, Rep. Deborah Ruggiero and state Energy Commissioner Carol Grant, hosted a ceremonial bill signing of legislation that will enhance the state's clean energy policies, create green jobs, and help move the state's energy sector toward a clean, sustainable, reliable future. "This legislation reflects forward-thinking energy policies that will help us meet our state energy goals," Raimondo said. "With its passage, we can…

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