Article: Rhode Island Watchdog Group Says Technology-Fund Boards Must Open Talks.

By Andrea L. Stape, Providence Journal, R.I. Knight Ridder/Tribune Business News

Dec. 11--PROVIDENCE, R.I.--After six years in operation, the state's $4-million Samuel Slater Technology Fund has new management.

But the program is facing criticism from a local government watchdog, Rhode Island Common Cause, which says the fund is not open enough to public scrutiny.

For the first time in its history, the Slater fund -- which received $4 million in state money this year -- is being managed by a stand-alone nonprofit organization with its own separate board of 11 directors.

The panel was appointed by Governor Carcieri and the new ...

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