April 17, 2023 - Worcester Business Journal

Opinion

🔒A Thousand Words: Downtown Worcester development

Developers in Worcester rushed to file plans with the Worcester Planning Board before the implementation of Inclusionary Zoning. The planning board has been very receptive to plans for multifamily residential developments in Worcester.

News

🔒From the Editor: Welcome to the inaugural Central MA Life Sciences Report

Central Massachusetts is well positioned to grow its life sciences sector with its proximity to the industry’s leading global hub in Boston and Cambridge.

Banking & Finance

🔒Plenty of room: Central Mass. developers seek to lure life science companies westward

Developers and brokers are using multiple strategies to bring life sciences companies out past Route 128 in Massachusetts.

Banking & Finance

🔒Map: BioReady communities

The Massachusetts Biotechnology Council rates the state’s various communities as BioReady based on their ability to host biotechnology facilities.

Banking & Finance

Building out a bioscience startup ecosystem

Space and cost issues have begun to creep into Cambridge and Boston, forcing companies, especially startups, to look outside of the Route 128 belt and increasingly more towards Central Massachusetts.

Education

🔒Central Mass. life sciences research spans from alpacas to AI

Researchers across Central Mass. are leading development of cutting-edge ideas and therapies to provide the next generation of solutions to present and future problems.

Health Care

🔒Major operations: Large life science companies contribute mightily to the region

Large for-profit life sciences companies have called Central Mass. their home for decades. Now, they play an important role in bringing talent, investment, and research to the region.

Banking & Finance

🔒Largest VC deals in Central Mass. since 2018

The sciences companies in Central Massachusetts that received venture capital funding from 2018 to 2023.

Agriculture

🔒University entrepreneurship programs help undergrad startup bring power to Indonesian fish farms

A company founded by Worcester undergrads aims to supply rural communities with an inexpensive local source of electricity.

Government & Politics

🔒Hard liquor: Central Mass. is riding the distillery wave

The next phase in the craft alcohol movement has arrived in Central Massachusetts.

Diversity & Inclusion

🔒Diagnosing AI: Healthcare community excited, wary of artificial intelligence

With the medical world on the cusp of an artificial intelligence revolution, researchers and clinicians are excited about the potential and wary of technology implicitly reliant on human bias

Economy

🔒Bankrupting the system: High utilization of travel nurses still causing financial strain

To cover for COVID-related staff shortages, hospitals are over-reliant on travel nurses, who are paid significantly more than staff.

Advice

🔒10 Things I know about … Long-term care planning for small business owners

Christine Boutin of Worcester law firm Fletcher Tilton offers her advice on long-term care planning.

Advice

🔒101: Consultant disadvantages, part 2

Many firms are reaping the rewards of the use of consultants, according to Statista.com, as annual revenue growth of the management consulting services industry is $1.321 billion and 9.1% annual revenue growth is the average of management consultancies worldwide from 2015-2021. Though the industry is growing and consultants are in demand, there are potential drawbacks for companies.

Advice

🔒Manage your interns effectively

Most businesses today would love to have a vibrant, well-oiled internship program delivering value and building talent. In reality, most business leaders don’t have the time or capacity to manage an internship program, whether it’s paid or unpaid.

Banking & Finance

Movers & Shakers for April 17, 2023

Here's what's new with personnel at MutualOne Bank, Cornerstone Bank, UMass Memorial Health, Venture Community Services and more.

Opinion

🔒Viewpoint: Supporting the transition to electric vehicles

For over a decade, Unitil has visualized our role in a renewable energy future as serving as the enabling platform for our customers and to play a key role in unlocking the full potential of emerging technologies. We can transform the way people meet their evolving energy needs and help create a clean and sustainable future for us all.

News

🔒Editorial: The workforce shortage is coming for us all

The problems with staffing shortages in the healthcare industry stretch back decades.

Economy

🔒Q&A: Northborough man eschews corporate culture for flooring franchise

Sean Donohoe was looking for something else. Something new. He’d spent roughly 20 years in corporate sales, selling telecommunications to midsize and large businesses, and it had burnt him out.

Health Care

🔒Directory: CROs, CDMOs, and life sciences support organizations

The directory is a list of organizations with a location in Central Massachusetts that support the life sciences industry, including contract research organizations, contract development and manufacturing organizations, and companies providing custom products, technologies, or other services.

Education

After nine months, Ed Augustus to step down as Dean College chancellor

Nine months after he took on the newly created role, former Worcester city manager Edward Augustus will step down as the first-ever chancellor of Dean College in Franklin effective April 14, for what he described as an uncertain future.

April 17, 2023Edition

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