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March 20, 2023

Small businesses run by people of color struggle to find financing as VCs' priorities have shifted away from providing multicultural opportunities

Isabel Tehan

BIPOC-owned startups seeking out larger investments have come up short, in large part because the deck is stacked against them.

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    UMass Chan laying off 26 at vaccine manufacturing division

    Isabel Tehan

    UMass Chan Medical School is consolidating its workforce at MassBiologics, its Boston-based biologics and vaccine manufacturing arm. The affected positions will be eliminated in 60 days.

  • Advice
    Advice

    10 Things I know about ... Keeping a small business moving forward

    Gicelle Brito

    Tips from Gicelle Brito, the vice president, business development officer for Workers Credit Union of Littleton, on keeping a small business running.

  • Advice
    Advice

    What content marketing is and why I like it

    Michael Donovan

    Content marketing: You can think of it as a blend of three elements: advertising, branding, and thought leadership. Advertising is about selling. Branding is about projecting a personality and set of values in all you do. Thought leadership is about sharing knowledge.

  • Advice
    Advice

    101: Organizational design

    Susan Shalhoub

    Without organizational design, where the administration and execution of that plan happens (the magic, essentially), your plan never comes to fruition.

  • Editorial
    Editorial

    Editorial: Creating a well-rounded life sciences ecosystem

    Central Mass. has a real opportunity to leverage its successes and make a significant mark upon the global life sciences industry.

  • Opinion
    Opinion

    A Thousand Words: Women in Brewing

    Ramón L. Sandoval

    Central Massachusetts breweries celebrate Women's History month by releasing female-led beers and making donations to organizations helping women in brewing.

  • Opinion
    Opinion

    Viewpoint: Biden's asylum ban is not the answer

    Angela Bovill & Jeffrey Thielman

    his is completely contrary to our fundamental values of providing refuge to those who are fleeing persecution, violence, or other threats.

  • Editorial
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    Editorial

    From the Editor: Exploring tourism in Central Mass.

    Brad Kane

    There’s much to love about what Central Massachusetts venues and attractions have to offer businesses, visitors, and residents. They may not jump out at you the way Boston or Cape Cod do, but this region’s offerings have substance and plenty to explore.

  • Movers & Shakers
    Movers & Shakers

    Movers & Shakers for March 20, 2023

    See who is on the move at Lamoureaux Pagano Associates, AAFCPA's, Fidelity Bank, and more.

WBJ Web Partners

Today's Poll

Should Massachusetts significantly reduce the environmental review time for new housing projects?
Poll Description

In an effort to increase the pace of new housing development in Massachusetts, Gov. Maura Healey has proposed streamlining the environmental review process for certain new housing projects, with the goal of reducing the time spent on the process from about one year to 30 days. Environmental reviews are a hallmark of community planning, to ensure new development doesn't negatively impact surrounding properties or natural resources, even though the process does add significant time and often cost to projects. Healey's proposal comes after Massachusetts fell behind the national average in new housing production, despite adding 90,000 new units since she became governor in 2023.

New England already averages the longest timeline in the nation to build a single-family home once the developer has been giving the authorization to move forward with construction, according to U.S. Census statistics compiled by the National Association of Home Builders. In 2023, single-family homes in New England averaged 13.9 months from permit to completion. The South Atlantic states have the lowest average of 8.9 months while the region that includes Texas, Oklahoma, Arkansas, and Louisiana is the second quickest at 9.4 months. The second-longest average after New England is the New York, New Jersey, and Pennsylvania region, which takes 13.2 months.

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