Small Business

Run by the Shrewsbury Street Merchants' Association, the annual celebration spotlights the city’s Restaurant Row, an area known for its rich variety of eateries and cuisines. The event is making its second return since the coronavirus pandemic tabled public gatherings in 2020.

Small business owners can grow and manage their companies successfully within the area’s economic landscape if they lean into the established support networks, have a keen understanding of finances, and know their strengths and weaknesses, particularly within the market and knowing when they should seek help from outsourced providers and new employees.

Massachusetts Biomedical Initiatives will break ground Wednesday morning on an expanded biomanufacturing center in Worcester after purchasing the property for more than $7.1 million.

Worcester Business Journal will host a special webinar for small businesses, entrepreneurs, and startups on Thursday.

A pub-style restaurant and bar called 107 Tap has been approved to open on Water Street in Worcester, run by Jefferson Mararian, who owned another Water Street bar for 12 years.

Worcester restaurant Livia’s Dish has been sold to new owners, former owner Oriola Koci confirmed Wednesday.

Overall, more than 20,000 PPP loans for a total of $1.8 billion were given out to businesses across Worcester County, with more than 4,800 and $450 million of those loans going to businesses within the city of Worcester, according to data from the SBA.

Finding stable housing has always been a challenge for low-income earners, but the problem has ballooned in places like Worcester where the average rent is growing about 10 percentage points faster than the average income.

Business confidence among Central Massachusetts employers increased in April by 1.8 points from March, according to a Monday press release from the Associated Industries of Massachusetts.

The North Central Massachusetts Chamber of Commerce announced Monday its economic development affiliate, the North Central Massachusetts Development Corp., is launching a new small business loan program.