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Worcester Business Development Corporation

The Worcester Business Development Corporation is a private, Non-Profit business organization with a public purpose mission to serve as an innovative and leading force in the economic development of the City of Worcester and the region, resulting in job creation and tax base expansion.

They’re Doing It By

 

  • Offering assistance in overall project planning, coordination, and consultation from the inception of a project.

  • Assisting small business owners by investing in the growth of their companies through the SBA 504 Loan Program.

  • Conducting Environmental testing and determining the most cost-effective approach to remediating sites.

Facts and Figures

  • Year Founded: 1965

  • President/Executive Director: Craig L. Blais

  • Staff size: 10

  • Funding Sources: Earned income, rental income, local and state government, foundations, individual donors, corporate donors

  • Services: Construction management, permitting assistance, grant assistance, planning, property management, tax credit approvals, environmental assessment, SBA 504 Loan Program

  • Geographic Boundaries: The City of Worcester