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Economic Development

  • McGourthy named state economic development deputy secretary

    Grant Welker February 25, 2019

    Tim McGourthy, executive director of the Worcester Regional Research Bureau, has been hired as deputy secretary in the state's housing and economic development office.

    Grant Welker February 25, 2019
  • McGourthy leaving as WRRB executive director

    Brad Kane February 19, 2019

    Tim McGourthy, executive director of the Worcester Regional Research Bureau, will leave the nonprofit organization by the end of March.

    Brad Kane February 19, 2019
  • Central Mass. chambers split over $400K in development funds

    February 11, 2019

    Four Central Massachusetts chambers of commerce have received more than $100,000 each in state funding to help with initiatives targeting small businesses.

    February 11, 2019
  • Worcester area economy grew 3.2% last year

    February 5, 2019

    The Worcester area's economy grew 3.2 percent last year, its highest annual rate since the 1990s on the strength of a low unemployment rate.

    February 5, 2019
  • Boston Scientific joins WPI's R&D alliance

    Zachary Comeau February 4, 2019

    Marlborough medtech giant Boston Scientific is joining a membership-based research and development alliance founded by Worcester Polytechnic Institute.

    Zachary Comeau February 4, 2019
  • Are we all just on the Worcester hype train now?

    Brad Kane February 4, 2019

    The Telegram now joins MassLive as the two main local mass media organizations who now regularly say Worcester is in a renaissance as a statement of fact, without any real evidence supporting the claim.

    Brad Kane February 4, 2019
  • Central Mass. communities have different philosophies for tax breaks

    Grant Welker February 4, 2019

    A Worcester Business Journal investigation shows a broad range of practices in how communities use — or don't — tax breaks for development.

    Grant Welker February 4, 2019
  • The new tax break: Public spending for stadiums

    Grant Welker February 4, 2019

    Like Worcester, many other cities have bet public spending on stadium-based development. They've had mixed results, with lots of skepticism.

    Grant Welker February 4, 2019
  • Overwhelming development in a small town

    February 4, 2019

    Let's face it, a small town of 13,000 is going to be hard pressed to handle a request to build a $100-million, 1-million-square-foot marijuana cultivation facility.

    February 4, 2019
  • Westborough awards 12 companies for economic development

    January 28, 2019

    The Westborough Economic Development Committee has honored 12 companies and organizations for helping to grow the town's economy in 2018.

    January 28, 2019
  • MassEdCo CEO in Worcester is retiring

    January 28, 2019

    Pamela Boisvert is retiring as the CEO of the Worcester-based Massachusetts Education and Career Opportunities Inc.

    January 28, 2019
  • Harvard Pilgrim to close Worcester office

    January 24, 2019

    Health insurer Harvard Pilgrim Health Care is closing its downtown Worcester office, the company confirmed Thursday.

    January 24, 2019
  • 20 Marlborough companies moved or expanded in 2018

    January 24, 2019

    Marlborough saw 20 companies either move into the city or expand last year, adding upwards of 350 jobs, according to the Marlborough Economic Development Corp.'s annual report.

    January 24, 2019
  • College closure threat growing, state seeking new powers

    State House News Service January 22, 2019

    State officials are ready to begin erecting a new process to screen, monitor and, if necessary, intervene to protect students when officials determine a school is at risk of closing.

    State House News Service January 22, 2019
  • Tax breaks are a short-term win

    January 21, 2019

    It's easy to vilify businesses for taking tax breaks from local governments, even if they are bringing in jobs and investment

    January 21, 2019
  • Use zoning to your development's advantage

    Mark A. Borenstein January 21, 2019

    Local zoning ordinances and bylaws are essential to comprehensive municipal planning and are intended to promote the health, safety and general welfare of the public. Yet, they are often times far from perfect.

    Mark A. Borenstein January 21, 2019

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Today's Poll

Has your company created pathways for women, people of color and other minorities to advance to more senior positions?
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Poll Description

While shifting cultural norms in the business community have found hiring managers outwardly working toward hiring a more diverse staff, studies in the last few years by organizations like McKinsey & Co. and Regent University found women and people of color are promoted less frequently than their white male counterparts. This produces a dynamic where company leadership at many organizations remains dominated by white males even as the company's employees become more diversified.