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Economic Development
WBDC provides loan to Leominster memorial service firm for $669K move to Sterling
March 27, 2025Kelly Pearson decided to relocate her memorial service business due to its close proximity to Leominster Monument in Lunenburg, a business owned by both Pearson and her mother Diane.
March 27, 2025
Movers & Shakers for March 24, 2025
Updated: March 24, 2025Employees are being hired, promoted, and elected to boards throughout Mirick O’Connell, Fletcher Tilton, and MutualOne Bank.
Updated: March 24, 2025
Cashing in on cannabis: Worcester County communities collected $6.4M in cannabis taxes last year, with border communities realizing new windfalls
Updated: March 24, 2025For communities that have welcomed recreational sales, this newly created industry and the sales associated with it have been a boon for their municipal budgets.
Updated: March 24, 2025
WBDC rebrands former Saint-Gobain property, largest revitalization project in its history
March 20, 2025The Worcester Business Development Corp. has branded the 51 acres of the former Saint-Gobain Abrasives southern campus in Worcester.
March 20, 2025
Trump Administration backtracks Central Mass. lease terminations for IRS offices
March 19, 2025The five other Central Massachusetts properties included on DOGE’s list of terminations remain on the website as of Wednesday.
March 19, 2025-
Sullivan Insurance CFO retires after 34 years, firm’s VP of finance named as successor
March 10, 2025After 34 years as the CFO of Sullivan Insurance Group in Worcester, Gary Leger is calling it a career.
March 10, 2025
Brick & mortar: Central Mass. banks are standing behind the power of in-person banking in an increasingly digital age
Updated: March 10, 2025In Central Massachusetts, the confidence banking executives have in the brick-and-mortar model is unwavering.
Updated: March 10, 2025
Q&A: Fitchburg gallery brings out the talent in local artists
Updated: March 10, 2025Located in Downtown Fitchburg, Gallery Marquee is a hub where artists can showcase their pieces, attend workshops, and network.
Updated: March 10, 2025
Competing for world-class capital: Worcester’s entrepreneurial ecosystem is attracting more investors
Updated: March 10, 2025It was once common business wisdom that you had to be in a major U.S. city to successfully attract venture capital for a startup. Not anymore, according to key figures in Worcester's entrepreneurial scene.
Updated: March 10, 2025
Attorney: Landlords hit by Trump’s federal lease cancellations have little legal recourse
March 5, 2025Property owners impacted by the federal government’s sudden termination of seven Central Massachusetts leases for facilities used by federal agencies likely have few options for recourse, according to a local real estate attorney.
March 5, 2025
MassDevelopment completes merger with fellow quasi-public agency
February 18, 2025The merger was required under a November 2024 economic development law.
February 18, 2025
Boston pizza and ice cream eatery to open 2nd location in historic Marlborough building
February 13, 2025Picco, a restaurant based in Boston’s South End serving pizza and ice cream, is set to open a second location in the historic Peoples Savings Bank building in Downtown Marlborough.
February 13, 2025
Developer pitches 11-story, mixed-use building for Downtown Worcester
February 12, 2025A Springfield-based developer is proposing an 11-story building for the site of a Downtown Worcester parking lot, featuring 139 residential units.
February 12, 2025
Worcester’s new innovation hub inks partnership with RI entrepreneurship center
February 10, 2025Auxilium, a new Worcester-based innovation studio and accelerator opened in January, is partnering with fellow startup center RIHub.
February 10, 2025
Blooming business: The founders behind Worcester plant and decor shop Seed to Stem see their second location as the beginning of a bigger dream
Updated: February 10, 2025Worcester shoppers know, if you’re in the market for a succulent, incense holder, or even an eel skull, there is a one-stop shop you can’t miss: Seed to Stem.
Updated: February 10, 2025
Former site of 102-year-old Sunnyside Ford dealership in Holden up for sale
February 7, 2025Eight parcels once comprising the Sunnyside Ford dealership in Holden are up for sale.
February 7, 2025
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