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.
The Great Resignation is plaguing employers large and small, and one hotly debated question has hiring managers asking where, exactly, all the quitting employees are moving to.
As part of WBJ’s 2022 coverage of the 300th anniversary of Worcester’s founding, the publication has partnered with the Worcester Historical Museum to run a trivia contest. Those with the most correct answers at the end of the year will win a special prize package.
To help you navigate the ins and outs of the region's business community, WBJ has compiled a list for its Economic Forecast edition of 22 people who will have an outsized role in shaping those trends.
To say the coronavirus pandemic impacted small businesses would be a serious understatement. Lockdowns, supply chain shortages, labor shortages, and inflation have hindered businesses and forced industries to quickly adapt or close up shop.
Collaborative workspace in Central Massachusetts cumulatively received more than $209,000 in grants through the latest round of funding from the state’s Collaborative Workspace Program.