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Economy

Fitchburg State selects first woman president in school’s 130-year history

Donna Souder Hodge’s hiring is contingent upon approval by the Massachusetts Board of Higher Education and a successful contract negotiation.

Central Mass. organizations receive $458K to train disabled workforce

Four Central Massachusetts organizations working to afford individuals with disabilities job training, workforce placement, and post-placement support are amongst nine awardees statewide receiving $900,000 in grants.

MassDevelopment CEO steps down more than two years before contract end date

Dan Rivera stepped down from his position as president and CEO of the economic development agency MassDevelopment on Friday, effective immediately, more than two years before his contract was set to expire.

Central Mass. unemployment rates drop in March

Central Massachusetts has experienced a decrease in unemployment rates from February to March as the four local metropolitan areas reported on by the Massachusetts Executive Office of Labor and Workforce Development all saw drops. 
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Nichols College picks interim leader as next president

After previous Nichols College President Glenn Sulmasy resigned amid a sex and academic scandal, the Dudley-based school named William Pieczynski at its ninth president.

Mass. unemployment rate in March remained below national rate

The March unemployment rate remained unchanged from February’s revised estimate, according to a Friday press release from he Massachusetts Executive Office of Labor and Workforce Development, which sited U.S. Bureau of Labor Statistics data.

WPI professor and Ascend Elements co-founder to research new battery recycling tech for Boston firm

A first-of-its kind lithium-metal battery recycling process may be on the horizon as SES AI will fund a two-year research initiative at Worcester Polytechnic Institute to develop the new technology. 

Worcester earmarks $500K from Polar Park settlement for new diverse business grants

The City of Worcester is now offering $5,000 grants to women and minority-owned businesses through its newly launched Diverse Business Certification Grant Program. 
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Hospital for Behavioral Medicine brings on third CEO since 2021

The Hospital for Behavioral Medicine in Worcester has named Evelyn Alsup as the hospital’s new CEO, marking the hospital’s third CEO in five years.

Westborough media firm names Business.com executive as chief revenue officer

Silverman will lead revenue growth efforts, sales strategies, and customer engagement as the IT world adapts to the rapid adoption of AI-based technology, according to a press release issued by The Channel Co. on Tuesday. 
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