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Economic Development

  • Venture Forum and NCMDC receive grants to build startup economy

    Isabel Tehan May 11, 2023

    Venture Forum in Worcester and the North Central Massachusetts Development Corporation in Fitchburg were chosen by the Innovation Institute at the MassTech Collaborative to receive two of its grants to bolster the regional startup economy.

    Isabel Tehan May 11, 2023
  • Index: Central Mass. business confidence trending toward pessimism

    Isabel Tehan May 8, 2023

    The business confidence index ticked lower for the second month in a row among businesses in Central Massachusetts, falling 1.4 points to a score of 50.3, nearing pessimistic territory on the region’s economy.

    Isabel Tehan May 8, 2023
  • Leominster apartment conversion loaned $2.75M from MassDevelopment

    Timothy Doyle May 3, 2023

    MassDevelopment has loaned $2.75 million to Boston developer Cougar Capital Management to convert an abandoned mill building in Leominster into 17 market-rate apartments.

    Timothy Doyle May 3, 2023
  • MWCC granted $350K to train EV maintenance technicians

    Timothy Doyle May 2, 2023

    The National Science Foundation awarded Mount Wachusett Community College in Gardner a $350,000 grant to train electric vehicle technicians.

    Timothy Doyle May 2, 2023
  • Table Talk Lofts developer selected for WHA 374-unit Lakeside Apartments project

    Timothy Doyle May 1, 2023

    The Worcester Housing Authority selected Boston Capital Development and its partner on the project, E3 Development LLC, for the WHA’s redevelopment of its 202-unit Lakeside Apartments complex.

    Timothy Doyle May 1, 2023
  • 2023 Power 50: Ivette Olmeda

    Updated: May 1, 2023

    After the Main South TDI district graduated from the program, Ivette Olmeda was appointed to help another Worcester neighborhood along Pleasant Street in the vicinity of Piedmont Street.

    Updated: May 1, 2023
  • 2023 Power 50: Timothy Murray

    Updated: May 1, 2023

    Timothy Murray is approaching 10 years leading the Worcester regional chamber, a powerhouse chamber in New England serving more than 150 communities in the region and 2,300 members.

    Updated: May 1, 2023
  • 2023 Power 50: Tuyet Tran

    Updated: May 1, 2023

    The Southeast Asian Coalition of Central MA is the only organization of its kind in the region, and it was built from the ground up by and for Southeast Asian immigrants and refugees in Worcester. One of those was Tuyet Tran, then a young social

    Updated: May 1, 2023
  • 2023 Power 50: Michael Nicholson

    Updated: May 1, 2023

    During the tenure of the state’s youngest mayor and Gardner’s first Latino elected official, Michael Nicholson is seeing signs of recovery as new businesses open and the neglected downtown is revived.

    Updated: May 1, 2023
  • 2023 Power 50: Jeffrey Cunningham

    Updated: May 1, 2023

    Cunningham is using his influence as a developer to help communities make the most of what they have.

    Updated: May 1, 2023
  • 2023 Power 50: Amy Chase

    Updated: May 1, 2023

    While a precarious retail market sent many across the city and region running, Amy Chase celebrated 10 years in business in September and remains a bright spot for the creative community.

    Updated: May 1, 2023
  • 2023 Power 50: Meredith Harris

    Updated: May 1, 2023

    Led by Meredith Harris, the quasi-public nonprofit MEDC helped to fill 350,000 square feet of space and bring approximately 500 jobs in 2022 through business relocation and expansion.

    Updated: May 1, 2023
  • 2023 Power 50: Angela Bovill

    Updated: May 1, 2023

    Angela Bovill holds the top job at one of the largest human services organizations in Central Massachusetts.

    Updated: May 1, 2023
  • 2023 Power 50: Eric Batista

    Updated: May 1, 2023

    In the second largest city in New England, the city manager is the municipality’s CEO, more powerful than the mayor. He oversees a $778-million budget and almost 8,000 employees.

    Updated: May 1, 2023
  • 2023 Power 50: Julie Bowditch

    Updated: May 1, 2023

    If Worcester has one person who serves as the face of everything positive about the city’s business community, it’s probably Julie Bowditch.

    Updated: May 1, 2023
  • 2023 Power 50: Roy Nascimento

    Updated: May 1, 2023

    Helping to tie together the North Central Massachusetts business community from farmers to factory owners to the local hair salon is Roy Nascimento.

    Updated: May 1, 2023

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Today's Poll

Does news about regulatory investigations or financial difficulties deter you from utilizing healthcare facilities?
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Poll Description

Four Central Massachusetts hospitals have been working through some administrative difficulties and regulatory investigations this year. In August and September, the Massachusetts Department of Public Health launched investigations into Saint Vincent Hospital in Worcester, Framingham Union Hospital, and Leonard Morse Hospital in Natick following hospital-related incidents and complaints submitted by the Massachusetts Nurses Association labor union. On Sept. 30, Gardner-based Heywood Healthcare, which operates hospitals in Gardner and Athol, announced its stand-alone exit from bankruptcy after it filed for Chapter 11 bankruptcy.