Rhode Island boasts a strategic foothold on the East Coast, with a dynamic ecosystem curated for innovation, sustainability, and growth.
The infrastructure, talent, and innovation of a major hub—without the congestion, cost, or complexity. That's the RI Growth-hack.
Rhode Island’s strategic location along the I-95 corridor connects businesses to key Northeast markets, backed by world-class infrastructure and deepwater ports like ProvPort and Davisville. With major investments in transportation and workforce development, the state offers seamless access to Boston, New York, and beyond. Strong federal and state incentives further position Rhode Island as a prime destination for business growth.
Of the nation’s GDP within a day’s drive of
invested in infrastructure in the last two years.
We offer a hub for innovation, with $3.78 million in new incentives driving growth in the Blue Economy and Life Sciences, companies like Saab Inc. and Unity Park, LLC can turn cutting-edge ideas into real-world impact. As a healthcare and life sciences leader, Rhode Island fosters research and workforce development through initiatives like the Life Science Hub Grant Program and the Ocean Tech Works Project.
In venture capital for AI startups
Received in 2023 for Brown University NIH funding
Experience Northeast market advantages without the high costs. Our competitive corporate tax rate and lower payroll costs allow businesses to optimize operations while maintaining access to top talent and sound infrastructure. Rhode Island companies benefit from a business-friendly environment that supports growth and innovation.
Lower commercial real estate costs than NYC.
Less than Massachusetts payroll costs.
We are a leader in clean energy innovation, attracting major industry investment, and advancing offshore wind and coastal sustainability. With strong federal support and world-class research institutions, we drive solutions that fuel economic growth while protecting the environment. Sustainability isn’t just our goal—it’s what we do.
Ranked in the U.S. for offshore wind readiness.
in funding for wind and coastal advancements.
The state fosters business growth with incentives that reduce costs and drive expansion. From real estate development credits to job creation incentives, the state helps companies lower expenses and maximize returns. With a pro-business environment, competitive real estate costs, and an affordable cost of living, Rhode Island offers the support businesses need to build and scale.
in real estate incentives.
in tax credits since
2016.
Gain a strategic foothold in the heart of the East Coast while benefiting from personalized support, sustainability-driven initiatives, and access to leading research institutions.
Explore key resources designed to help your Rhode Island business thrive. From tax incentives and workforce development programs to industry-specific opportunities, we’ve curated essential links to get you started.
Rhode Island offers a unique lifestyle, combining coastal beauty, rich culture, and affordability.
400+ miles of Atlantic coastline, water activities in Newport, and scenic hiking trails.
Explore the Newport Mansions, experience WaterFire, and visit RISD and Trinity Rep.
Easy access to major Northeast hubs.
Our mission is to recruit, retain, and support businesses that strengthen the state’s economic competitiveness. As your gateway to a strategic, business-friendly hub in the Northeast, we’ll help you explore tax incentives, industry opportunities, and growth resources. Ready to take the next step?
