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Rhode Island’s tiny size certainly doesn’t limit its economy. The finance and accounting industry is alive and well in the Ocean State, generating more than $7.8 billion per year. Today, Providence has become the financial hub for nearly all of New England. Educational services and real estate combine to create $16.5 billion in revenue, including a modest income for arts, entertainment, and tourism. The residents of Rhode Island take pride in their unique location and are some of the largest proponents of private research facilities, computer programming, and legal services. If you don’t currently have an established presence in the Plantation State, you may be missing out on a great deal of economic development.
Startups and small businesses who are interested in relocating to Little Rhody may be aided by a number of incubators and accelerators.
Located at the center of Rhode Island, this incubator is available to early-stage startups in any industry. Resources include workspace, mentorship, and some accelerator services. Certain businesses may also have access to AI, Blockchain, and IoT services from IBM.
Seed-stage startups are welcome to apply to the Slater Technology Fund. Only organizations that specialize in energy, software, and life sciences may apply. Successful applicants can enjoy long-term funding as they get established in the marketplace.
This coworking space in Providence supports over a thousand different entrepreneurs and businesses. Their Impact Accelerator Program lasts a total of 12 weeks, while the incubation program is accessible for 12 months. Talent matchmaking and advising services are also provided.
Michael Seibel CEO at Y Combinator
Jason Ovryn Co-founder & COO at Carry