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Eliminating the $5 million annual cap on refundable credits will help more "early-stage, high-growth companies" participate in the incentive program, the administration said, even if they are not yet profitable.
Officials said Hao is leaving state government to address pressing family matters but will continue to be available as an advisor to Gov. Maura Healey and Lt. Gov. Kim Driscoll.
The Boston-based real estate firm that owns the 465-unit The Grid District apartment complex in Worcester is expanding its presence in the city.
The second annual event saw 15 competitors representing 8 student-run startups pitching to three Central Massachusetts business leaders.
Market on Brussels in Worcester is bringing farm-fresh produce straight to the city.
A proposal to build a horse racing track and sports gambling bar at the site of a former Leominster landfill is receiving pushback from local residents.
Students from four Central Massachusetts colleges are set to compete in the second annual WooTank Intercollegiate Showdown on Tuesday.
The study found the 14,000-seat arena and attached convention center has generated an average of $27.6 million in annual direct spending and $18.6 million in annual indirect and induced spending.
Kelly 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.
Employees are being hired, promoted, and elected to boards throughout Mirick O’Connell, Fletcher Tilton, and MutualOne Bank.
For communities that have welcomed recreational sales, this newly created industry and the sales associated with it have been a boon for their municipal budgets.
The Worcester Business Development Corp. has branded the 51 acres of the former Saint-Gobain Abrasives southern campus in Worcester.
The five other Central Massachusetts properties included on DOGE’s list of terminations remain on the website as of Wednesday.
After 34 years as the CFO of Sullivan Insurance Group in Worcester, Gary Leger is calling it a career.
Located in Downtown Fitchburg, Gallery Marquee is a hub where artists can showcase their pieces, attend workshops, and network.
It 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.