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East Bay
Economic Initiative

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The East Bay Economic Initiative (EBEI) is a partnership of government and private organizations as well as businesses dedicated to promoting economic development and creating jobs for the marine industry of Rhode Island.


EBEI was formed in 1993 out of the repeal of the Sales and Use Tax on boats. Within two years, employment in the industry rose 40%, while the state’s total employment only rose a percentage of that. Take a look at the most recent Annual Report on the Sales Tax Repeal - Five Years of Success.


The East Bay region, with its valuable natural resources, skilled work force and world-renown name in the marine industry, will continue to surge forth as a leader, working for the people and businesses of Rhode Island. EBEI sets an example of how government and private businesses can work together to achieve common goals.


EBEI works to provide Rhode Islanders with good, local jobs and the necessary skills for the marine industry, acts as an information resource for businesses and continues to promote the industry both nationally and internationally. EBEI Special Projects include:


EBEI has an extensive international marketing campaign designed to promote the world-renowned boatbuilding and boating tourism in Rhode Island. The objective is to attract foreign boat buyers to Rhode Island in order to purchase a boat and take advantage of the tourism in the


EBEI works successfully with employers and several local and state agencies to create training programs for entry-level positions and up-grade training programs for current employees.

Other activities:

  • Breakfast Meeting with Guest Speakers
  • Job Fairs
  • Employers Issues
  • Seminars


The marine industry is also promoted within the state. EBEI has several on-going projects with the area schools to talk and demonstrate the many opportunities in the marine industry in RI. The idea is to encourage students to stay in the state to work or to go to school. Students are taken on tours of local facilities and guest speakers are invited into the classrooms. Internships and shadowing are also coordinated.


EBEI serves as a resource for information on new developments locally, national and internationally in the marine industry. By keeping the industry apprised of new technology, regulations and related events, RI will keep its competitive edge in the world economy.


East Bay Economic Initiative
Attn: Coordinator
45 Valley Road
Middletown, RI  02842
Phone: 401-847-7757
Fax: 401-846-2764
Web Site:

EBEI is supported by…

Freedom Yachts

Legacy Yachts

Holby Marine Company

Brewer Yacht Yards

J Boats

New England Boatworks

Ted Hood Companies

American Shipyard Corporation - Newport Shipyard

Copyright © 2016-2017 EBEI - Rhode Island Boatbuilders
45 Valley Road  |  Middletown, RI  02842  |  USA
Tel: 401-847-7757    Fax: 401-846-2764

Buy Rhode Island Built Boats

Building Better Boats
Rhode Island