Economy Through Green Initiatives
Boosting Rhode Island’s Economy through Green Initiatives
April 5, 2011 - One of the states hit hardest by the recent recession, Rhode Island is officially out of recession and on the road to recovery. Nevertheless, double-digit unemployment persists. In fact, as of February 2011, Rhode Island’s unemployment rate was 11.2%, compared with Massachusetts’ rate of 8.2% for the same period. Rhode Island is expected to continue to struggle as it recovers given that the state has a dearth of growth technology-related industries and is dependent on the slow-growth sectors of manufacturing and construction. Nevertheless, collaborative efforts between public and private partners are set to help in turning things around in the Ocean State.
Last fall, the Rhode Island School of Design (RISD) and the Rhode Island Center for Innovation & Entrepreneurship (RI-CIE) at Brown University released a Call for Proposals, seeking potential partners, early-stage businesses and/or product designers working in the area of sustainable development or the green economy. {continued}
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