Raimondo unveils plan to help small businesses

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News,Business

PAWTUCKET, R.I. (AP) — Democratic gubernatorial candidate Gina Raimondo has unveiled a plan she says will help small businesses by eliminating regulatory burdens and encouraging startups.

The general treasurer's proposal calls for reviewing and simplifying regulations; improving access to capital; better promoting incubator programs to attract potential entrepreneurs; and modernizing state and municipal permitting.

Raimondo says small businesses are the lifeblood of the state's economy. She says there are too many outdated regulations and that cities often treat small businesses like adversaries. She says the state needs a culture where small businesses and startups are nurtured.

She unveiled the plan Monday at a Pawtucket brewery. It's the final plank in her overall job-creation package.

Raimondo is running in the Democratic primary against Providence Mayor Angel Taveras and political newcomer Clay Pell.

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