Roberts to launch "Buy RI" initiative


From the LG:

We all know that Rhode Island is home to thousands of unique artists, artisans, retailers, manufacturers, cafes, restaurants and farmers whose small businesses are locally owned and crucial to our neighborhoods, our quality of life, and Rhode Island’s overall economy. Unfortunately, many of these unique businesses and individuals are facing tough times as a result of the economic downturn and larger macroeconomic trends. It is my hope that Buy R.I. will be one concrete action we can take to help to slow, stop and reverse these negative economic trends for small businesses in Rhode Island.

According to economic studies from across the country, locally owned businesses on average contribute at least fifty percent more to the local economy than their competitors per $100 of revenue.

We envision Buy R.I. employing two concurrent strategies to provide a boost to Rhode Island’s economy by growing sales for locally owned businesses.

Strategy One: Hold a series of public “Main Street” events across the state to highlight the opportunity and benefits of choosing to Buy R.I. during the holiday shopping season and throughout the year.

Strategy Two: Convene a stakeholder group- including members of the Small Business Advocacy Council and key Buy RI constituencies- to plan the launch of a lasting organization and website dedicated to expanding the market for locally owned businesses and products.

The first meeting to discuss and launch Buy R.I. will coincide with the next meeting of the Small Business Advocacy Council, which is scheduled for: Tuesday, November 18th, 8:30-10:00 a.m. at the Rhode Island Economic Development Corporation, 315 Iron Horse Way (off Valley St), Providence. Immediately following the meeting we hope you will be able to join us for a press conference to launch Buy R.I. and announce the schedule of main street events.

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