entrepreneurs

WHY RI: Tight-Fit Talent

Why Rhode Island? Talent, Talent and More Talent

 

At the Chamber, we spend much of our day talking to people about all things Rhode Island. This state is home for people for many reasons, but when we ask them why they’ve chosen Rhode Island to do business in, their answers invariably have something to do with the concentration of diverse and sophisticated talent here. But don’t take my word for it. 

Here’s what some top business leaders have said in recent months about the talent pool here:

“The culture of Rhode Island and the culture of Providence is one that’s ripe to attract companies like ours, and part of that is the talent pool.” —Joe Gebbia, cofounder of Airbnb

“There’s great talent here. We have a front row recruiting seat to five or six great schools—including Brown and RISD and the University of Rhode Island.” —David Osborne, CEO of Virgin Pulse

“The insurance industry is facing a graying of talent—a definite challenge as we go forward—but we’ve benefited from our proximity to [Rhode Island’s] great institutions of higher learning, from which we can attract young people.” —Sandy Parillo, president and CEO of Providence Mutual

“For the size of Rhode Island, [it’s incredible] to have Brown, RISD, Johnson & Wales, Bryant and Providence College. We have a lot of smart kids, and … they want to contribute right away, and that’s what innovation is all about, right? They come in, they have great ideas and they’re the engine that’s making Providence such an exciting place to be.” —Jon Duffy, president of Duffy & Shanley

“[Innovation is] baked into the DNA. If you go all the way back to the eighteenth century and look at, for example, the great Newport furniture makers, they represent the very best that was done in our country. You look at the silversmiths, and you look at what grew out of that design intelligence—it’s alive and well here. You see it at RISD. You see it at the hundreds of small businesses that exist across the state. You see it in places like HASBRO and CVS. It’s part of who we are.” —Dr. Megan Hughes, president of Community College of Rhode Island

“We’ve seen a hit parade in recent months of tech- or innovation-oriented companies that want to get close to our universities or talent pipelines.”  —Stefan Pryor, Rhode Island secretary of commerce

“Not only is it easier to become a thought leader here, but also the state punches well above its weight with a talented workforce that’s constantly refreshed by the creative thinkers and entrepreneurs pouring out of our 11 colleges and universities.” —Kim Keck, president and CEO of BCBS RI

“Our colleges and universities are on the cutting edge [when it comes to] thinking about how to do curricular renewal and how to change the quality of the collegiate experience so that we’re preparing graduates that are more engaged and have more relevant skill sets and talent to engage with today’s economy.” —Frank Sanchez, president of Rhode Island College

In business, talent is the great differentiator. With a dozen world-class colleges and universities, Rhode Island offers a strong and continuous flow of highly educated workers. We invite you to further explore the rest of our EntrepreneurProvidenceRI.com site to dive into the talent opportunities in our state. 

Read about how the GPCC can help you tap into Rhode Island’s talent pool. 

 

FinTech Firm eMoney Now Sourcing Providence Talent

FinTech firm eMoney is expanding into Providence. The wealth management technology company is opening a new office at 100 Westminster Street, with positions already being filled for the site. 

Located in a 20-story commercial building in the Financial District, the office’s downtown views paired with nearly 7,000 square feet of rented space, provide an atmosphere that is conducive to fostering the collaboration and innovation that eMoney is known for both as an employer and as a leading provider of scalable wealth management technology. 

The new office location stems from the firm’s rapid growth over the last few years and desire to explore a new talent market in the Northeast. 

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“This is just the beginning of our journey in Rhode Island,” said Ed O’Brien, CEO of eMoney. “We’re excited to get the office up and running, becoming an integral part of the Providence community and tapping its extensive network of talent. We’re proud to expand our eMoney team so we can continue to innovate and meet the needs of our clients.”

As previously announced by Rhode Island Governor Gina M. Raimondo and the Rhode Island Commerce Corporation in March, eMoney is committed to bringing 100 full-time jobs to the state by 2020. The Greater Providence Chamber of Commerce stands ready to assist the firm with its hiring needs.

“We welcome eMoney to their new Providence office,” said Governor Gina Raimondo. “With workforce training and economic development as top priorities, we have added 14,000 jobs since taking office, and regained all the jobs lost during the Great Recession. Additions to the state like eMoney show Rhode Island is on the move.”

eMoney already has 10 employees set to work in the Providence office by mid-August, and extensive recruiting efforts are underway to fill open roles in software development, user interface and experience design, software testing and quality engineering, and product management, among others.

“Providence continues to demonstrate that it has the talent, quality of life, and momentum that businesses are looking for,” said Providence Mayor Jorge O. Elorza. “I’m excited to welcome a fast-growing company like eMoney Advisor to the capital city and wish them success in the years to come.”

eMoney has two other office locations in the U.S. Its corporate headquarters located just outside of Philadelphia in Radnor, Pa., has more than 400 employees on-site serving all areas of the business, including software development, financial planning, security and data services, sales, client engagement, marketing, finance, and human resources, among others. The firm’s West Coast office located in the San Diego suburb of La Jolla, Ca., is home to approximately 60 employees who work in client engagement, sales and financial planning.

To learn more about eMoney’s open positions in Providence, visit here.