Unveiling of RI Small Business Stimulus Package

Middletown Economic Development
February 3, 2009

Breakfast Meeting at Newport Harbor Hotel and Marina -2/3/2009

Newport Harbor Hotel & Marina
49 America’s Cup Avenue, Newport, RI

Full Breakfast Buffet
$15.00 formembers; $25.00 for non-members

The current economic downturn and the tightening credit market has made it difficult for Rhode Island small businesses to access the capital they need to keep Rhode Islanders working. As a result, Governor Donald L. Carcieri joined members of the local banking community, the Small Business Administration and the Rhode Island Economic Development Corporation in unveiling a Small Business Stimulus Package. The six point package included an infusion of capital into the State’s Small Business Loan Fund (SBLF), a state-backed loan guarantee program to encourage lending to small business, and a pledge from the local banking community to invest more than $165,000,000 into small and mid-sized Rhode Island businesses over the next two years. The small business stimulus package seeks to get credit flowing to businesses so they can retain and create jobs in every community across our state.

Space is limited and payment must be made prior to event.
Reservations will be held at the door.

Contact Kathleen Papp at the Newport County Chamber of Commerce to reserve your space at 401-847-1608 or kathleen@newportchamber.com