Rhode Island Commerce | Business Innovation Incentives

LONG-TERM ECONOMIC DEVELOPMENT PLANNING

En español aquí

In 2021, Governor Dan McKee convened a series of community listening sessions to inform and strengthen the State’s RI2030 Plan (www.ri2030.com). This plan lays out a bold and holistic vision for the state as we emerge from the COVID-19 pandemic.

Our efforts through this economic development planning process will build off the work undertaken through RI2030 and provide a detailed roadmap of how to reach the goals set forth in RI2030.

Additionally, Rhode Island must update our Comprehensive Economic Development Strategy (CEDS) this year in compliance with federal Economic Development Administration requirements; we are ensuring that this process aligns with all CEDS requirements in order to create one single plan that fulfills our federal requirements, furthers our efforts of reaching goals set out in RI2030, and is truly actionable.

Get Involved

To make this process and the final product as strong and representative as possible, we need to hear from you. There are a number of ways to engage and we hope you will participate in as many as you are able:

ECONOMIC DEVELOPMENT PLANNING COUNCIL MEETINGS

Background

In 2021, Governor Dan McKee convened a series of community listening sessions to inform and strengthen the State’s RI2030 Plan (www.ri2030.com). This working document lays out a bold and holistic vision for the state over the next seven years.

Since January 2023, RI Commerce and the Division of Statewide Planning have led an effort to build off the RI2030 vision and hone the implementation strategy for economic development for Rhode Island.

Ocean State Accelerates is the document that is building from this work. Once finalized, it will serve as the state’s next Comprehensive Economic Development Strategy (CEDS) and Long-Term Economic Development Vision and Policy. Our efforts in this process built off the work undertaken through RI2030 and aim to provide a detailed roadmap of how to reach the goals set forth in RI2030.

Rhode Island must update our CEDS at least every five years in compliance with federal Economic Development Administration (EDA) requirements. Additionally, state statute requires a Long-Term Economic Development Vision and Policy to be completed during the first year of each new or re-elected gubernatorial administration. We worked to ensure that Ocean States Accelerates aligns with all EDA and state requirements in order to create one single plan that fulfills our federal obligations, furthers our efforts of reaching goals set out in RI2030, and is truly actionable.

 

Process

To date, RI Commerce and the Division of Statewide Planning have convened a 27-member Economic Development Steering Committee, hosted a dozen formal focus groups, received feedback through another dozen small-group conversations, and hosted 1:1 interviews with over forty Rhode Islanders, representing industry, business support, workforce development, the arts, housing, climate resilience, nonprofits, youth supports, and more. The team has also reviewed over twenty recent reports and state plans to build off recent analytics and to align this effort to others relevant to economic development. Hundreds of Rhode Island voices and hundreds of pages of strategy and data analysis built from those Rhode Islanders has been incorporated into this process already.

 

Get Involved

Through hundreds of hours of stakeholder engagement including focus groups, steering committee meetings, public input sessions, and one-on-one conversations, as well as in-depth data analysis, the state is proud to publish for public comment a draft of Ocean State Accelerates. The public comment period will be open from September 20th to October 20th, 2023.

The draft and comment submission can be found at the link below.

View the Draft of Ocean State Accelerates

In order to view the draft, enter your name and email address, then click the Review Documents button and select Draft CEDS from the dropdown. Please look at the plan and let us know what you think. Any and all comments are welcome, but we’re especially interested in hearing: What do you like? What do you agree (or disagree) with? Do you see yourself—or any other partners you work with—in this plan? How? How do you think we should measure success?

Thank you so much for your time and feedback. While we may not be able to respond individually to all who provide feedback, please know that we will be diligent in reviewing your thoughts.

An open office hours session will be held on October 5 at 8:30am at RI Commerce (315 Iron Horse Way, Suite 101, Providence, RI 02908), for anyone who would like a chance to discuss the strategy and submit feedback in person.

If you have any questions regarding the plan or how to submit feedback, please email LTPlanning@commerceri.com.

 

Economic Development Planning Council Meetings Dropdown:

Rhode Island Commerce has launched an Economic Development Planning Committee made up of public, private, and nonprofit representatives to guide the formation of our State’s long-term economic development strategy. The next and final steering committee meeting will take place in November to review and approve the final draft of the plan. Stay tuned for the final date. All are welcome to attend.

Past meeting schedule and topics of discussion:

  • April 19, 8:30AM: Kick-off: Review work plan and schedule and confirm project expectations and priorities; overview how this project fits with other planning efforts and RI2030
  • May 17; 8:30AM: Review initial data analysis; advise on economic baseline; advise on outreach
  • June 21; 8:45AM: Strategy development workshop and discussion
  • July 19; 8:45AM: Workshop to develop and shape tactics, implementation partners, and metrics

Members of the Steering Committee include:

NAME ORGANIZATION
Liz Tanner (chair) Executive Office of Commerce
Jude Amoako Millennial RI
Meredith Brady Department of Administration
Liz Catucci Northern Rhode Island Chamber of Commerce
Dave Chenevert RI Manufacturers Association
Channavy Chhay Center for Southeast Asians
Jane Cole State Department of Revenue
Andrew Cortes Building Futures
Pamela Cotter State Department of Transportation
Roshini Darnal United Way of Rhode Island
Rilwan Feyisitan Jr. East Bay Community Action Program
Lori Giuttari Visual Thrive (small business designee)
Shannon Golkey RI Office of the Postsecondary Commissioner
Philip Gould Town of Linncoln (League of Cities and Towns designee)
Russ Griffiths State Department of Business Regulation
Roberta Groch Division of Statewide Planning
Chelsea Siefert Quonset Development Corporation
Elizabeth Lynn van Beuren Charitable Foundation
Jason Martiesian State Department of Labor and Training
Carole Malysz RI Bio
Bernadette McArthur Glocester Economic Development Committee
Oscar Mejias Rhode Island Hispanic Chamber of Commerce
Lisa Ranglin RI Black Business Association
Krystafer Redden State Department of Education
Michael Sabatoni RI Building Trades Council
Loren Spears Tomaquag Museum
Kira Wills YMCA of Greater Providence

 

YOUR BUSINESS ADVISOR

YOUR BUSINESS ADVISOR

YOUR BUSINESS ADVISOR

YOUR BUSINESS ADVISOR

NEWSLETTER