Bruce Platzman, AIS president, CEO and co-founder. The company was looking at cheaper locations outside of the area before a tax break helped convince it to stay.

Paying for growth: Tax breaks central to Central Mass. economic development

Grant Welker |

Communities have often used tax deals to help companies in what officials say is the most important tool they can use in economic development.

A for-lease sign is posted along a retail stretch on East Main Street in Webster, part of the town's opportunity zone under a new federal investment program.

Central Mass. officials pushing federal opportunity zones incentive

Grant Welker |

For neighborhoods in Central Massachusetts overlooked by developers, there's a potential salvation: a new federal tax incentive program.

How To

101: Hire better


Here are some expert tips on creating job ads, screening applicants and interviewing candidates, to help ensure whoever you welcome onboard will be the best fit possible – and save you time as...

Use zoning to your development's advantage


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...

  • Briefing
  • Shop Talk
  • Movers & Shakers
  • Opinion
Forbes moved Valentin Gapontsev from its Russian billionaires list to its American billionaires list after the U.S. Treasury allegedly used the former to label Gapontsev as a Russian oligarch.

IPG CEO sues U.S. Treasury over Russian oligarch list

The Russian-American billionaire founder and chief executive of Oxford-based IPG Photonics is suing the U.S. Department of the Treasury for listing him as a Russian oligarch.

>> Continue Reading
Julia Becker Collins, chief operating officer, Vision Advertising

The new Vision

After slowly taking over more responsibilities from founder Laura DiBenedetto for 2.5 years, Julia Becker Collins in December assumed control at Vision Advertising, two months after it moved from Worcester to Westborough.

>> Continue Reading

Movers & Shakers

Check out who landed new jobs in Central Massachusetts.

>> Continue Reading

Top SBA Lenders

Ranked by total number of loans issued in Massachusetts, fiscal year 2018

RankLenderNo. of loansAmount of loans
1Eastern Bank, Natick565$43,285,500
2TD Bank, Worcester227$14,203,100
3Citizens Bank, Natick144$21,142,500

Source: U.S. Small Business Administration and lender websites

Latest Headlines
Today's Poll Should Worcester and other Central Mass. communities build more pro sports facilities to spur economic development? <>
Most Popular on Facebook
Most Popular on Twitter
Copyright 2017 New England Business Media