Posts tagged "energy"
June 29, 2012
June 6, 2012
Providence welcomes high tech firm that moved from WA
He said that the company was funded using venture capital financing from Braemar Energy Ventures, which he headed, and a $500,000 loan from the Rhode Island Renewable Energy Fund. Although that fund is administered by the Rhode Island Economic Development Corporation, it is separate from the loan guarantee fund that is at the center of the controversy involving 38 Studios, the video game development company run by former Red Sox pitcher Curt Schilling, that closed its doors and laid off all of its staff last month, leaving Rhode Island leaders scrambling to cover their exposure to a potential $104 million loss.