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Ocean State tech startups, business funding, increasing
Highly skilled students at universities like Brown, URI, and RISD, and state support for small businesses keep startups in RI
Among the reasons new tech startups are finding RI to be welcoming:
- 2003 lift of ban on state university faculty from commercializing their intellectual property (led to FarSounder)
- development of state funded small business lending programs like EDC Capital
- state sponsored funding sources like Slater Technology Fund (led to TAZZ Networks, now with 40 employees worldwide and $20 million in venture capital)
- recent organization of first angel investment group, Cherrystone Angel Group
Related Items (7)
News (5) | ||||
| FarSounder goes global, China buys in | 04.02.07 | Marine Technology Reporter | ||
| Smallest state in midst of giant-sized comeback | 10.29.06 | Boston Globe | ||
| FarSounder awarded $750K to develop underwater port security | 04.25.06 | FarSounder News Release | ||
| Startups leave RI for Mass., Silicon Valley in response to lack of funding | 11.26.05 | Providence Business News | ||
| FarSounder receives $100K to help Homeland Security protect citizenry | 06.10.05 | Mass High Tech | ||
Companies / Organizations (2) | ||||
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