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Greater Worcester

City of Worcester lowers business tax rate

The Worcester City Council voted last Tuesday to set a commercial, industrial ,and personal property tax rate of $30.04 per $1,000 assessed valuation for fiscal 2024, a $1.22 decrease from the fiscal 2023 rate of $31.26.

Central Mass. businesses granted $4M to train 2,500+ workers

Governor Maura Healey’s Administration issued $19 million this year in funding from the state’s Workforce Training Funding Program through October, a number including more than $3.9 million in support of training for 2,500+ jobs in Central Massachusetts.

UMass Chan to lay off 36 from Boston vaccine division

UMass Chan Medical School is reducing its workforce at its Boston biologics and vaccine manufacturing division, MassBiologics, with more layoffs potentially coming in the next 90 days.

🔒Q&A: What Vintage and Swoon wants you to know about antiquing

Mallory Stanton launched her vintage decor and furniture business – first on Instagram and then with an Etsy store.
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Movers & Shakers for Dec. 11, 2023

Central Massachusetts professionals are getting hired and promoted at companies including National Grid, UMass Memorial Medical Group, AAFCPAs, and Ascentria Care Alliance.

🔒Act now, before it’s too late: Worcester small business owners are ringing alarm bells over high costs and lower consumer spending

While corporate profits have surged to near record levels, operators of prominent small businesses in Worcester have not seen the same growth.

🔒With enrollment at 10-year lows, Central Mass. public colleges see big things from free tuition plan

Enrollment has hit a 10-year low at all five of the state universities and community colleges in Central Massachusetts, with a considerable drop between fiscal 2020 and fiscal 2023.
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Former site of St. Casimir’s School sold by Diocese of Worcester for $1.1M

A former school building located at 22 Waverly St. in Worcester has been sold by the Roman Catholic Diocese of Worcester to an Auburn-based corporation for $1.1 million.

State regulators meet with operators to discuss strengthening responsible gambling tools

Concerned about the tiny percentage of sports bettors who have so far used things like time or deposit limits, the Mass. Gaming Commission is working to convene a roundtable with operators, industry experts and more to talk about how they might be able to make responsible gambling tools "cool."
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