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Economic Development

  • WooSox avoid a court fight over 'W' logo 

    Thomas Grillo November 27, 2019

    One day after a Wareham ball club threatened to sue the Worcester Red Sox over use of their patented “W” on its Woo Sox hats, the Cape Cod team decided not to file suit. 

    Thomas Grillo November 27, 2019
  • Worcester Red Sox unveil nickname, logo

    Thomas Grillo November 25, 2019

    Even Worcester Red Sox President Charles Steinberg admitted the whole thing was anti-climatic.

    Thomas Grillo November 25, 2019
  • Worcester Wares to open second location on Nov. 30

    Brad Kane November 21, 2019

    The store known for its "I Love Worcester" merchandise and T-shirts will become the first business to open in the $21-million Worcester Public Market.

    Brad Kane November 21, 2019
  • Coveted younger demographic increasingly calling Worcester home

    Grant Welker October 14, 2019

    When Worcester has attracted new residents in the years since 2010, it’s very often been in one segment of the population: the 20- and 30-somethings often sought after for the energy and spending they bring to a community.

    Grant Welker October 14, 2019
  • Fidelity Bank's newest C-suite executive focuses on culture

    Brad Kane October 14, 2019

    Fidelity Bank Chief LifeDesign Officer Sherri Pitcher is focused on culture and customer engagement.

    Brad Kane October 14, 2019
  • Mass. economic performance solid despite signs of slowdown

    State House News Service October 10, 2019

    The Massachusetts economy is running well despite signs of a slowdown and while no single factor is holding the economy back, analysts said the combination of a labor shortage, trade tensions, an impeachment inquiry and more could darken the outlook.

    State House News Service October 10, 2019
  • 10 Things I Know About ... Women's networks

    Jeannie Hebert September 30, 2019

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    Jeannie Hebert September 30, 2019
  • Worcester, Madison Properties file Canal District ballpark plans

    Zachary Comeau September 25, 2019

    The City of Worcester and Boston developer Madison Properties have filed long-awaited plans for the $101-million Polar Park baseball stadium and a bevy of mixed-use properties in the Canal District.

    Zachary Comeau September 25, 2019
  • Polar Park to feature autonomous checkout store

    Zachary Comeau September 25, 2019

    Polar Park, the future home of the Worcester Red Sox, will feature what the team is calling the world’s first autonomous checkout store in a pro sports and entertainment venue. 

    Zachary Comeau September 25, 2019
  • New Union Station restaurant eyes winter opening

    Zachary Comeau September 19, 2019

    The Worcester Redevelopment Authority on Thursday signed a lease with the former owner of a country music-themed restaurant and bar to occupy the first-floor space in Union Station.

    Zachary Comeau September 19, 2019
  • WRA urges action on Great Wall, Midtown Mall after owners miss deadlines

    Zachary Comeau September 19, 2019

    With no status updates from either owner of the Great Wall building or the Midtown Mall, the city is taking aggressive action and pursuing eminent domain of the two properties.

    Zachary Comeau September 19, 2019
  • First building demolished on Polar Park site

    Zachary Comeau August 28, 2019

    The first demolition of buildings at the Polar Park baseball stadium site in Worcester has begun, starting Thursday morning with the razing of a small warehouse at 50 Washington St. 

    Zachary Comeau August 28, 2019
  • Mass. to receive $100K workforce development grant

    State House News Service August 19, 2019

    Massachusetts will be the recipient of financial and technical help to build "data-driven approaches" to linking residents to jobs in growing industries, thanks to a partnership between the National Governors Association and the Strada Education

    State House News Service August 19, 2019
  • 40 Under Forty: Lisa A. Drexhage, 36

    Updated:

    Any talk about Worcester’s arts or startup culture is bound to include at least one thing Drexhage has had her hand in.

    Updated:
  • 40 Under Forty Class of 2002: Timothy P. Murray

    August 16, 2019

    Murray has been at the center of the Greater Worcester economy for nearly two decades.

    August 16, 2019
  • 40 Under Forty Class of 2009: Timothy J. McGourthy

    August 16, 2019

    In the last decade, McGourthy has gone from focusing on Worcester development, then economic opportunities across Greater Worcester, and now across the state.

    August 16, 2019

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Today's Poll

Would your business ever consider crowdsourcing financing from your customers?
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Poll Description

Small consumer-facing businesses are beginning to turn to a relatively new way to raise financing for business expansion: Crowdfunding money from customers in exchange for discounted goods and services.

Stow sandwich shop Nan’s Kitchen raised $1.2 million to open a new storefront from customers, employees, and fellow professionals in exchange for equity. Additionally, Worcester coffee shop Cordella’s is raising funds on crowdfunding platform NuMarket, offering anyone who wants to invest gift cards totalling 120% of their investments.