“We looked at the growth trajectory for millennials in the workforce. We looked at Boston, but Dr. Rajiv Kumar (Virgin Pulse chief medical officer) is a Brown graduate who had 65 people in the Providence office of ShapeUp (acquired by Virgin Pulse). He said if you are going to look at Boston, you might as well look at Providence. We met with the governor. We met with the presidents of great universities. Now, we’ve gone from 65 to 350 employees in the Providence building.”
Growth in biomed, cybersecurity and other advanced industries is driving the Rhode Island economy. With ongoing state support, emerging and established businesses within the RI innovation ecosystem are predicted to continue to grow.
Rhode Island’s flourishing business ecosystem and access to talent from top-tier universities are just a few of the reasons Worth Media put Providence on its list of cities to watch in 2020. It’s also why visionaries like CIC (Cambridge Innovation Center) have put down roots in our thriving city, giving entrepreneurial individuals the resources and opportunities needed to drive our innovation economy forward.
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