Darin Early: 16 to Watch in 2016 in RI

Tuesday, December 29, 2015

 

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Darin Early, President of the RI Commerce Corporation

The President and Chief Operating Officer of the Rhode Island Commerce Corporation might keep a behind-the-scenes role -- but his resume of executing financing deals for the World Trade Center and New York’s Metropolitan Transportation Authority shows he's got the chops to get things done.  Now, Early has teamed up with someone he’s worked with in the past — Commerce Secretary Stefan Pryor — interfacing with the Executive Office of Commerce and the Governor’s Office, while overseeing the daily operations of the agency.  

The rubber meets the road for Early in 2016.  In October, Governor Raimondo officially launched the Qualified Jobs Incentive Tax Credit and The Rebuild Rhode Island Tax Credit (with the first providing a base tax credit for companies relocating to the state and creating a minimum number of new jobs and for current Rhode Island companies growing their in-state workforce, and the second providing a tax credit of up to 20 percent of project costs to qualified real estate projects of $5 million or more that demonstrate a financing gap.)  

"These incentive programs, combined with the support of the Business Navigation Center and other Commerce Corporation initiatives, allows us to offer businesses within the state and beyond a unique proposition," said Early at the time 

"Rhode Island's value proposition is strong and growing stronger. With a predictable and stable tax climate, world class location, and now a suite of potent incentives, Rhode Island is positioned for economic success," said Pryor. 

By the end of 2016, expect to see deliverables.  

 
 

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