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Templeton restaurant to buy real estate with $67K NCMDC loan

Templeton restaurant Baldwinville Station received a $67,000 loan from the North Central Massachusetts Development Corp. to purchase the encompassing real estate of the restaurant, the small business financing organization announced Tuesday. 

Downtown Fitchburg selected for $1.6M MassDevelopment arts program

Fitchburg has been selected as one of three cities to be included in MassDevelopment’s Transformative Development Initiative Creative Cities program, which supports arts and culture partnerships in TDI districts.

Acton beauty salon loaned $50K for new laser system

Acton company Lyla Beauty Bar was granted a $50,000 loan from the North Central Massachusetts Development Corp. to support the purchase of new laser system equipment, the small business financing organization announced Monday.

Gardner to grant ARPA $650K to small business

The City of Gardner announced on Thursday it was receiving $650,000 in grants in order to help small business and economic development, using federal funds meant to provide relief from the effects of the COVID-19 pandemic.
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Greater Worcester unemployment dropped to 3.9% in March, with 3,000 more employed

The labor force in the Greater Worcester metropolitan area continued to grow in March, with the unemployment rate in the region dropping to 3.9%.

Reliant Medical Group suspends taking on new adult primary care patients

The move applies to all Reliant locations, which span across Worcester County and the MetroWest area. The move comes in the wake of staffing shortages at the group, a problem augmented across the healthcare industry by the COVID-19 pandemic.

Fitchburg trucking firm to buy new truck with $44K NCMDC loan

Fitchburg transportation company R.A. Aldrich Trucking received a $44,000 loan from the North Central Massachusetts Development Corp. to assist with the purchase of a new semi-truck.

CEO of Leominster manufacturer AIS to step down

Bruce Platzman, the co-founder and CEO of Leominster-based furniture manufacturer AIS, will step down from his CEO role in June.
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Museum of Russian Icons founding director to retire

The founding director of the Museum of Russian Icons in Clinton announced plans to retire in May after more than 16 years of leadership.

SBA honors five Central Mass. businesses of the year

The honors include Family Owned Business of the Year, Minority Owned Business of the Year, Women Owned Business of the Year, Young Entrepreneur of the Year, and Small Manufacturer of the Year.
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