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Banking & Finance

United Way raises $1.2M to address mounting local food insecurity

The UWCM used $500,000 in seed investments from its United Response Fund, knowing that 80,000 individuals in its service area are affected by food insecurity.

🔒State auditor assails UMass Memorial Health over use of $6.2M in COVID funding

The Massachusetts state auditor is calling into question UMass Memorial Health’s use of $6.2 million it received in COVID relief grants.

Holy Cross launches micro-grant program to strengthen students’ ties to community

The College of the Holy Cross in Worcester has launched a $10,000 micro-grant pilot program aimed at strengthening the college’s participation in the Worcester community.

🔒UniBank working with Habitat for Humanity to help meet high demand for affordable homes

"The people who are keeping our communities running aren't able to live in them," Debbie Maruca Hoak, CEO of Habitat for Humanity MetroWest/Greater Worcester, said of the housing crisis.
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Voting open for WBJ’s 2026 Best of Business awards

The BOB awards recognize the best business-to-business companies in Central Massachusetts: those dedicated to excellence and delivering exceptional products.

🔒Aspen Aerogels stung by EV market downturn, taking $6.3M loss in third quarter, as new CFO takes over

Citing the downtown in the United States’ electric vehicle market, Aspen Aerogels said it is looking to continue diversifying into other markets.

Unions skeptical of potential Healey plan to offer buyouts to state employees

Asked about the buyouts, Healey spokesperson Karissa Hand did not explicitly confirm that the governor's considering the option. 

🔒Worcester investor pays $17.4M for New London apartments portfolio

Worcester-based Baystate Investment Fund acquired the properties.
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🔒Taxes in Worcester: Businesses are the top tax contributors to the City, but exemptions and the dual rates are leading to calls for reform

In a city with high-profile industries like higher education and health care, the biggest businesses tend to be tax-exempt.

🔒Central Mass. firms awarded $5M in tax incentives to create 245 life sciences jobs

Five Central Massachusetts life sciences companies are splitting $5 million in tax incentives to create 245 jobs in the region.
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