Main Local Economy Information in Rhode Island
Rhode Island’s economy includes key sectors such as healthcare, education, and manufacturing, with a growing focus on technology and maritime industries.
Your Rhode Island and Local Small Business Funding Guide
Rhode Island offers various state-funded programs including grants for technology startups, incentives for maritime businesses, and competitive loans for manufacturers.
Small Businesses in Rhode Island
Small businesses benefit from Rhode Island's strategic New England location and its focus on innovation and maritime trade. The state supports small enterprises with a variety of resources aimed at fostering growth.
Documents Needed to Get a Small Business Loan in Rhode Island
- Detailed business plan with strategic growth targets
- Recent financial statements and financial projections
- Business and personal tax returns
- Documentation of business registration and licensing in Rhode Island
- Credit history reviews
Rhode Island Department of Commerce: Key Functions and Contact Information
Website URL: Rhode Island Commerce
Phone: [401-278-9100]
Address: 315 Iron Horse Way, Suite 101, Providence, RI 02908
Local Resources in Rhode Island
The Rhode Island Small Business Development Center (SBDC) provides personalized consulting and workshops on business planning, financing, and strategic growth.
How to be Successful with Business Funding in Rhode Island
To be successful in obtaining business funding in Rhode Island, leveraging local economic development programs and focusing on sectors like technology and maritime are advantageous.
SBA Resources in Rhode Island
The SBA assists Rhode Island businesses with loans, disaster recovery assistance, and educational resources that cater to the state’s economic profile, focusing on emerging industries and traditional manufacturing.