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In a move to boost its technology sector, Rhode Island has announced the leasing of property in Providence for the development of a new technology hub. The property, located in the heart of the city, is set to become a central hub for startups and established tech companies alike.The leasing agreement, which was finalized on December 1st, marks a significant step forward in Rhode Island's efforts to attract and retain tech talent in the state. Governor Emma Smith, who has been a vocal advocate for growing the technology sector, highlighted the importance of the new hub in a statement released following the agreement."This new technology hub will be a game-changer for Rhode Island's economy," Governor Smith said. "By providing a space for tech companies to collaborate and innovate, we will foster a thriving tech ecosystem that will create jobs and drive economic growth in our state."The leasing of the property is part of a larger initiative by the state government to support the growth of the technology sector in Rhode Island. In addition to providing space for tech companies to operate, the new hub will also offer support services such as mentorship programs, networking events, and access to funding opportunities.Local tech companies have welcomed the news of the new hub, with many expressing excitement about the potential opportunities it will bring. Sarah Johnson, CEO of a Providence-based start-up, praised the decision to lease the property for the tech hub."This is exactly the kind of support that Rhode Island's tech community needs to thrive," Johnson said. "Having a dedicated space where companies can come together to collaborate and innovate will be a game-changer for the industry in our state."Construction on the new technology hub is set to begin early next year, with the space expected to be fully operational by the end of 2026. The leasing agreement is a significant milestone in Rhode Island's efforts to position itself as a hub for innovation and technology, and is expected to have a positive impact on the state's economy in the years to come.