“With historic levels of investments in infrastructure and workforce, a central location in the Northeast between Boston and New York City, and focus on growing industries such as renewable energy, life sciences, and marine technology, Rhode Island is the ideal place to live, work, and play.”
— Elizabeth Tanner, Secretary, Rhode Island of Commerce
The Michael S. Van Leesten Memorial Bridge (Photo: Steve Kroodsma)
TARGETED GROWTH SECTORS
Offshore wind: A strategic location, port infrastructure, skilled labor, and novel training programs make Rhode Island the ideal location for offshore wind industry growth.
Life Sciences: Industry innovation requires close collaboration between basic research, clinical research, and industry development, all of which is easily facilitated in Rhode Island.
Technology: Strategic investments in foundational technology such as broadband, sensors, cyber-physical systems, quantum computing and artificial intelligence are applied to digital transformation of government, marine technology, medical devices, and energy management.
TOP PROJECTS
COMPANY
LOCATION
JOBS
Regent Craft
North Kingstown
300
Breeze Airways
Warwick
212
Flux Marine
East Greenwich
60
FEATURED LOCATIONS
At Rhode Island Commerce, our economic development mission is to act as a resource to everyone invested in making Rhode Island a premier place to live and do business. We build relationships with business owners, entrepreneurs, educators, land developers, industry leaders, and government officials. We use strategic planning and proactive insight to prepare our workforce for success, and we offer business assistance, access to funding, and red tape reduction for companies of all sizes.
WORKFORCE PROGRAM
Research and Development Expense Tax Credit: Rhode Island’s 22.5% research tax credit is one of America’s highest. C-corporations exceeding $111,111 in expenses earn 16.9% credit. Unused credits roll over seven years, fueling innovation and business growth.
TOP BUSINESS FACILITIES RANKINGS
Top 10 Industrial Parks: Quonset Business Park (North Kingston)
The publication for site selection professionals recognizes 24 Economic Development Organizations (EDOs) for their innovative programs that are making an impact.
