Startups

The Nativity School of Worcester received a $200,000 gift from a California foundation run by the family of Worcester native J.D. Power III to establish a scholarship in his name, the school announced Monday.

Trivia question: What kitchen task was this device invented by the Hamblin & Russell Manufacturing Co. used for?

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.

Aspiring entrepreneurs from Central Massachusetts will have the opportunity to pitch their idea in front of a live audience on May 31 to seek additional funding for their start-up venture.

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.

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.

The severing of economic ties between the U.S. and Russia is likely to prove a challenge for IPG Photonics, which was founded in Russia and has long-standing ties to the country.

The Power 50 may not necessarily hold the most power in the region, but they are the people who most effectively wielded their power to have an outsized influence on the economy and the community within the last year.

Sonny Phengsomphone opened the business in the memory of his sister, who died in a Thailand refugee camp while migrating to the U.S., and in honor of his 62-year-old mother.

As a small business owner, Erin Reardon Defoyd has forged her own path, leveraging powerful insights gleaned from more than a decade of corporate experience.