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Greater Worcester

Movers & Shakers for March 10, 2025

Employees at Vision Advertising, Thrive Support & Advocacy, and Main Street Bank are advancing in their careers.

🔒Competing for world-class capital: Worcester’s entrepreneurial ecosystem is attracting more investors

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.

🔒Brick & mortar: Central Mass. banks are standing behind the power of in-person banking in an increasingly digital age

In Central Massachusetts, the confidence banking executives have in the brick-and-mortar model is unwavering.

🔒Funding research: While UMass Chan celebrated an historic donation and cemented its position as a leader in ALS research, the school raised red flags...

These private donations may soon become significantly more important as the federal government is weighing funding cuts to health research.
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UMass Chan to form working group to address Trump Administration’s anti-DEI demands

In response to the President Donald Trump Administration’s threat to potentially cut off federal funding, UMass Chan Medical School is assembling a committee to navigate the rapidly changing and uncertain DEI landscape of higher education.

Auxilium, chamber to launch StartUp Week Worcester

StartUp Week Worcester will kick off on April 8.

Planned site of large UPS center in Shrewsbury/Grafton sold for $25M

The development firm behind a 845,000-square-foot UPS distribution center has bought the property for $25 million.

Mass. business confidence has largest drop since first month of COVID pandemic

The Central Massachusetts Business Confidence Index sank nearly 10 points from 57.2 in January to 47.9 in February.
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Healey: Municipalities putting grants at risk by not complying with MBTA housing law

Gov. Maura Healey said Thursday her administration will continue to withhold state funding from cities and towns that fail to comply with a controversial -- but constitutional -- zoning reform law, describing the latest challenges to the measure as "without legal merit."

WuXi construction at $300M Worcester facility moving slowly

WuXi has disputed an early WBJ report saying construction at the Worcester site has stopped, although the company declined to provide specifics or give an updated timeline.
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