State pitches loan guarantee to lure video-game company

State economic development officials are proposing to bring 38 Studios LLC, the video-game development company founded by retired Red Sox pitcher Curt Schilling, from Massachusetts to Rhode Island. To lure the company here, the state would guarantee a $75-million loan.

38 Studios has promised to bring at least 400 jobs — with an average salary of $72,500 — to the state by the end of 2012.

Full Story: State pitches loan guarantee to lure video-game company Source: Providence Journal, July 15th, 2010 Author: Andy Smith

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