Trending Providence, RI Startups

Providence rhode island has a rich history of entrepreneurship dating back to the industrial revolution with a population of just over 179000 and a prime location on the east coast providence has attracted startups in a range of industries the city is home to brown university rhode island school of design risd and providence college all of which have active entrepreneurship programs these universities have produced successful startups such as zapwater a digital marketing firm founded by brown alumnus david zapata providence has also seen a surge in technological innovation with companies like virgin pulse and epivax leading the way additionally many startups have been founded in the healthcare industry due to the citys concentration of hospitals and research facilities while the city has faced economic challenges in recent years the startup scene in providence is thriving the unemployment rate has fallen to 63 and the citys gdp is on the rise in 2019 over 60 new companies were founded in providence providence is known for its vibrant arts and cultural scene with events such as waterfire drawing crowds from all over the country the city has also faced challenges related to its history of racial segregation and inequality leading to social justice initiatives and the growth of communityled startups despite these challenges the startup scene in providence shows no signs of slowing down the citys location talented workforce and active support for entrepreneurship make it an attractive destination for startups looking to make their mark