URI announces first round of Innovation Campus projects
Gov. Gina Raimondo today joined University of Rhode Island President David M. Dooley to announce the first round of Rhode Island Innovation Campus projects, which will catalyze academic research into new commercial products and businesses. The three campuses are expected to create hundreds of jobs in rapidly growing advanced industries, including cybersecurity, data analytics and agricultural technology in Rhode Island.
The three transformative Innovation Campuses, expected to be located in Kingston and Providence, will be supported by a bond approved by voters in November 2016. Private investment in the three projects is expected to be more than $122 million, which is 10 times the state’s investment.