September 22, 2014 3:20 PM ET

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Company Overview of Rhode Island Economic Development Corporation

Company Overview

Rhode Island Economic Development Corporation offers client services and financing programs focusing on economic development of the state Rhode Island. The institution provides financing, business development, partnership, workforce development and training, market data, government procurement, international trade and export, site selection, and advisory services. Additionally, it offers Enterprise Zone Program, a program which provides tax incentives to businesses that expand its workforce at facilities located in state enterprise zones. The institution focuses on consumer product, homeland security, defense, financial services, healthcare, life sciences, information technology, digital med...

315 Iron Horse Way

Suite 101

Providence, RI 02908

United States

Founded in 1974





Key Executives for Rhode Island Economic Development Corporation

Chief Financial Officer
Managing Director of Urban Finance and Business Development
Managing Director Financial Programs
Executive Director
Age: 62
Legal Counsel
Compensation as of Fiscal Year 2014.

Rhode Island Economic Development Corporation Key Developments

The Rhode Island Economic Development Corporation Appoints Marcel A. Valois as New Executive Director

The Rhode Island Economic Development Corporation has a new executive director, after the state Senate on unanimously approved the nomination of Marcel A. Valois to lead the agency.

Rhode Island Economic Development Corporation Announces Resignations from its Board of Directors

Two more high-profile members of the state's business community have resigned from the Rhode Island Economic Development Corporation' board of directors, leaving just 5 active members of a 13-member board. Providence entrepreneur Jack Templin is leaving two years into a four-year term. He said he's resigning "to make room for someone with full availability." Cheryl Watkins Snead, president and CEO of the North Smithfield-based Banneker Industries Inc., has served the full three-year term to which former Gov. Donald Carcieri appointed her. She told Chafee in a January letter that she needs to spend more time focusing on her company's strategic plan.

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