North Central Development Corporation Publishes Manufacturers Directory

Expansive guide highlights the region’s vast manufacturing firms and industrial space

The North Central Massachusetts Chamber of Commerce and the North Central Massachusetts Development Corporation (NCMDC) announce the publication of the 2017 edition of the Manufacturers Directory and Industrial Parks Guide for North Central Massachusetts. The publication is designed to promote and connect manufacturers with suppliers as well as serve as a resource for companies looking to relocate or expand throughout the region.

This new version of the directory was nearly a year in the making and represents the first new edition since 2015. Working with multiple sources, the NCMDC confirmed the operating status and primary product line of each company listed in the directory. In addition to the listing of local manufacturers, the publication also includes a section on life science companies, a listing of suppliers and a guide to business and industrial parks in North Central Massachusetts.

“We published this directory to help support our local manufacturers who are so critical to the long term vitality of the North Central economy”, said Roy Nascimento, President & CEO of the North Central Massachusetts Chamber of Commerce and the North Central Massachusetts Development Corporation. “We hope that this publication will be a resource in connecting manufacturers with their peers and helping them find local suppliers.”

This new publication is part of the Chamber and Development Corporation’s continuing efforts to help promote the region and advance the economy of North Central Massachusetts.  In addition to this new manufacturing directory, the North Central Massachusetts Development Corporation has recently expanded its loan programs to include a new Express Loan program, a Second Chance loan initiative and has grown its technical assistance offerings for new and established small businesses in the region. NCMDC has been expanding its reach to small and growing businesses in neighboring communities through partnerships with local chambers. Partnerships have already been created with the Worcester Regional Chamber of Commerce, the Assabet Valley Chamber of Commerce, and the North Quabbin Chamber of Commerce. The North Central Massachusetts Development Corporation also recently launched the new website ChooseNorthCentral.com and the hashtag #ChooseNorthCentral to promote North Central Massachusetts as a great place to grow or relocate a business and the organization has been engaged in new workforce development initiatives to improve the pipeline of skilled workers for local employers.

The 2017 edition of the publication was supported by advertising and is being circulated to manufacturers throughout the region. For more information, please contact the North Central Massachusetts Chamber of Commerce at 978.353.7600.

The North Central Massachusetts Development Corporation (NCMDC) is a non-profit corporation with the mission of creating jobs and improving the economy of North Central Massachusetts.  The NCMDC acts as a connector, facilitator and partner and works in partnership with local banks, credit unions, chambers of commerce and area nonprofits to support emerging microenterprises, small businesses, and community projects with loans and business assistance.  The NCMDC is certified by the U.S. Department of the Treasury under the Community Development Financial Institution (CDFI) program and is a micro-loan intermediary for the U.S. Small Business Administration.  Since 1996, the NCMDC has granted over $4.2 million in loans to small businesses to help grow jobs and the economy in 26 communities in the North Central Massachusetts region.

For more information about the North Central Massachusetts Development Corporation please call 978.353.7607 or visit www.choosenorthcentral.com or www.northcentralmass.com.

March Edition of Good Morning North Central features new president of Mount Wachusett Community College

 
The next edition of the North Central Massachusetts Chamber’s popular Good Morning North Central breakfast series is scheduled for Thursday, March 30, 2017 from 6:45 a.m. to 9:00 a.m. at the Doubletree by Hilton, 99 Erdman Way, Leominster, MA.  The March edition is sponsored by Avidia Bank.

The Good Morning North Central series is a high-profile, fast-paced and educational breakfast program geared towards executives, senior managers, professionals and business owners.  Each of the programs has a business-oriented focus and features popular speakers to present on topics of interest to local businesses.

The featured local speaker for the March edition is new Mount Wachusett Community College President, Dr. James Vander Hooven who was approved by the Board of Higher Education on Tuesday, January 17, 2017.  Dr. Vander Hooven will be only the third president of MWCC since its founding in 1963. The program also includes a presentation by Ashley Ellefson, Director of Operations, of The Drone Racing League.

Dr. Vander Hooven is currently serving as the Vice President for Enrollment Management at Landmark College in Putney, Vermont. In this role, he serves as the College’s chief enrollment officer, manages recruitment activities, enrollment and admissions processes, and administers the Office of Financial Aid. He also oversees the Office of Transfer, Career, and Internship Services.

Prior to joining Landmark College, Dr. Vander Hooven was president of Tohono O’odham Community College, a Tribal College located on the Tohono O’odham Reservation in Arizona. In that role, he oversaw the $9 million construction of a new main campus, strengthened programs in the areas of STEM (Science, Technology, Engineering and Math) and developmental education, and represented the Tribal Colleges in annual presentations on Capitol Hill.

Ashley Ellefson will be presenting on the growing market of E-Sports, how The Drone Racing League (DRL) fits into this emerging market, and how communities can take advantage of this new wave of sports entertainment. DRL launched in January 2016 as the only global professional drone racing organization, hosting five professional races in its inaugural season. They are currently in the middle of filming for their upcoming 2017 Championship Race Series, which includes six races that culminate in a Championship and crowning the World’s Greatest Drone Pilot.

The cost is just $25 for Chamber members/$40 non-members and includes a breakfast buffet. Season Tickets are also available for purchase.  Pre-registration is required. For more information or to register, please contact the Chamber at 978.353.7600 ext. 235 or visit www.northcentralmass.com.

 

North Central Massachusetts Development Corporation and North Quabbin Chamber of Commerce Partner to boost Small Business Development

The North Central Massachusetts Development Corporation (NCMDC) and the North Quabbin Chamber of Commerce have announced a new partnership to bring additional micro lending resources closer to young companies in the North Quabbin area of Massachusetts.

The collaboration involves the NCMDC providing start-up and existing small businesses in the North Quabbin communities with access to its microloan financing programs, which provide loans of up to $150,000 to help businesses that may not meet the traditional lending standards.  The North Quabbin Chamber of Commerce will provide the NCMDC with marketing support in their communities and a presence in their office for their loan officers to counsel potential clients.

“We’re really pleased to be able to partner with the North Central Massachusetts Development Corporation on this loan program,” said Mark Wright, Executive Director of the North Quabbin Chamber of Commerce. “It adds another vital resource for North Quabbin businesses and economic development. The NCMDC’s track record and commitment to growing new and existing businesses in North Central Massachusetts is an important part to our expanding regional renaissance.”

“Our microloan program has had a profound impact on our business community in North Central Massachusetts. We have a long and successful history of supporting small businesses with financial resources and technical assistance,” said Roy M. Nascimento, President & CEO of the North Central Massachusetts Development Corporation. “We are excited to partner with the North Quabbin Chamber of Commerce to continue to expand our lending and help support the small and emerging businesses that help drive the economy forward.”

The North Central Massachusetts Development Corporation (NCMDC) is a non-profit corporation certified by the U.S. Small Business Administration (SBA), and the U.S. Department of the Treasury under the Community Development Financial Institutions (CDFI) Program. The NCMDC works in partnership with local banks, credit unions, chambers of commerce and area nonprofits to support emerging microenterprises, small businesses, and community projects with loans and business assistance.  Since 1996, the NCMDC has granted over $4.3 million in loans to small businesses to help grow jobs and the economy in 26 communities in the North Central Massachusetts region.  In addition, these funds were leveraged with local financial institutions providing $14.8 Million of their funds and local investors and business owners providing another $3.2 Million. Thousands of new jobs have been created in the region as a result of the loans made.

Microloan programs have become increasingly important to the business community since the economic collapse in 2008 that put more restrictions on how banks can serve small business loans. Micro loans made by the NCMDC can be used for working capital, leasehold improvements, machinery and equipment, furniture and fixtures and refinancing of business credit card debt. Eligible businesses include manufacturing, retail, wholesale and service businesses usually having five employees or less at the time of application and meeting the definition of small business. The interest rates are flexible, but generally close to the current fixed market rate.

NCMDC loan officers will be available via appointment to serve the needs of new clients in the North Quabbin area. To schedule an appointment, please contact the NCMDC at 978.353.7607 or contact the North Quabbin Chamber of Commerce at 978.249.3849.

North Central Massachusetts Development Corporation and Assabet Valley Chamber of Commerce Partner to support Small Businesses

The North Central Massachusetts Development Corporation (NCMDC) and the Assabet Valley Chamber of Commerce have announced a new partnership to bring additional micro lending resources closer to young companies in the Assabet Valley Region of Massachusetts.

The collaboration involves the NCMDC providing start-up and existing small businesses in the Assabet Valley communities with access to its microloan financing programs, which provide loans of up to $150,000 to help businesses that may not meet the traditional lending standards.  The Assabet Valley Chamber of Commerce will provide the NCMDC with marketing support in their communities and a presence in their Hudson office for their loan officers to counsel potential clients.

“We are very pleased to be partnering with the North Central Massachusetts Development Corporation to support small businesses here in Assabet Valley,” said Sarah Cressy, President & CEO of the Assabet Valley Chamber of Commerce. “These microloans will provide entrepreneurs in our area with the capital and technical assistance they need to start or expand their business.”

“Our microloan program has had a profound impact on our business community in North Central Massachusetts. We have a long and successful history of supporting small businesses with financial resources and technical assistance,” said Roy M. Nascimento, President & CEO of the North Central Massachusetts Development Corporation. “We are excited to partner with the Assabet Valley Chamber of Commerce to continue to expand our lending and help support the small and emerging businesses that help drive the economy forward.”

The North Central Massachusetts Development Corporation (NCMDC) is a non-profit corporation certified by the U.S. Small Business Administration (SBA), and the U.S. Department of the Treasury under the Community Development Financial Institutions (CDFI) Program. The NCMDC works in partnership with local banks, credit unions, chambers of commerce and area nonprofits to support emerging microenterprises, small businesses, and community projects with loans and business assistance.  Since 1996, the NCMDC has granted over $4.3 million in loans to small businesses to help grow jobs and the economy in 26 communities in the North Central Massachusetts region.  In addition, these funds were leveraged with local financial institutions providing $14.8 Million of their funds and local investors and business owners providing another $3.2 Million. Thousands of new jobs have been created in the region as a result of the loans made.

Microloan programs have become increasingly important to the business community since the economic collapse in 2008 that put more restrictions on how banks can serve small business loans. Micro loans made by the NCMDC can be used for working capital, leasehold improvements, machinery and equipment, furniture and fixtures, and refinancing of business credit card debt. Eligible businesses include manufacturing, retail, wholesale, and service businesses usually having five employees or less at the time of application and meeting the definition of small business. The interest rates are flexible, but generally close to the current fixed market rate.

NCMDC loan officers will be available via appointment to serve the needs of new clients in the Assabet Valley region. To schedule an appointment, please contact the NCMDC at 978.353.7607 or contact the Assabet Valley Chamber of Commerce at info@assabetvalleychamber.org or 978.568.0360/978.875.0197.

North Central Mass Development Corp Provides Financing to Crust Artisan Bakeshop

The North Central Massachusetts Development Corporation (NCMDC) recently granted a small business loan for $15,000 to Crust Artisan Bakeshop located in Downtown Worcester.

Through a partnership with TD Bank and NDMDC, Alexis Kelleher purchased Crust Artisan Bakeshop located at 118 Main St. in Worcester MA.  Alexis has been an employee of Crust for three years and has been the manager for the past year.  She has always had a passion for baking and was excited when the opportunity to purchase the business was presented.  As the owner, she will continue her role as the manager in addition to head baker.  Crust has carved out a distinct niche in the community offering high quality products with a focus on breads and pastry using primarily local ingredients.  Crust also offers a small breakfast and lunch menu.  Crust is open 7 days a week from 7 am – 3 pm.  This loan will retain seven jobs and create one job.  For more information visit www.crustbakeshop.com

“Helping strengthen small businesses and entrepreneurs stimulates job creation and is critical to economic growth,” said Raymond J. Martino, President of Simonds International and Chairman of the Board of the NCMDC. “The North Central Massachusetts Development Corporation is providing much needed capital and technical assistance to help local businesses grow and prosper.”

This micro loan is the first loan made by the NCMDC since it announced in January its expansion to Worcester and South Worcester County.

As a microloan lender, NCMDC can provide loans to small businesses up to $150,000 for working capital, equipment, inventory, expansion and working with our banking partners to provide gap financing for the final piece of a project. 

The North Central Massachusetts Development Corporation (NCMDC) is a non-profit corporation with the mission of creating jobs and improving the economy of North Central Massachusetts. NCMDC is certified by the U.S. Small Business Administration (SBA), and the U.S. Department of the Treasury under the Community Development Financial Institutions (CDFI) Program. The NCMDC works in partnership with local banks, credit unions, chambers of commerce and area nonprofits to support emerging microenterprises, small businesses, and community projects with loans and business assistance.  Since 1996, the NCMDC has granted over $4,200,000 in loans to small businesses to help grow jobs and the economy in 26 communities in the North Central Massachusetts region.

 

For more information about the NCMDC and its loan programs, call 978.353.7607 or visit www.choosenorthcentral.com.

 

Scholarships Available through the North Central Massachusetts Chamber Foundation

 The North Central Massachusetts Chamber Foundation is pleased to announce that applications for its 2017 Scholarship program are now being accepted.  Each year, the Chamber Foundation distributes approximately 25 scholarships to local high-achieving high school students in North Central Massachusetts.  Since the establishment of its scholarship program, the North Central Massachusetts Chamber Foundation has awarded over a million dollars in scholarships.

Students interested in applying for a 2017 scholarship through the North Central Massachusetts Chamber Foundation should contact their high school guidance department to submit an application.  Deadline for applications is Friday, February 24, 2017.  A limited number of scholarship applicants are submitted by each school in the Chamber’s service area each year and then reviewed by a committee of Chamber members.

Many of these awards are made possible through contributions from members of the North Central Massachusetts Chamber of Commerce and proceeds from the Chamber’s Annual Scholarship Golf Tournament.  Scholarships endowed through the Chamber Foundation are often named in honor of prominent members of the North Central Massachusetts business community whose philanthropy and commitment to the community have helped shape North Central Massachusetts.

The Chamber’s Foundation is a 501 (c) 3 non-profit organization focused on assisting in the betterment of the region through charitable activities.  Funds raised by the Foundation are utilized primarily for education/workforce development initiatives and charitable activities in North Central Massachusetts, including scholarships to eligible applicants pursuing education and grants to support economic and community development projects.

For more information on the North Central Massachusetts Chamber Foundation’s scholarship program or a list of the named scholarships, please visit northcentralmass.com or call 978.353.7600 ext. 222.

Photo caption: Pictured are the recipients of the 2016 Chamber Foundation scholarships. From left to right (Jennifer Mueller, Silvio Angustia, Hannah Bagley, Taylor Sadowski, ­­­Jasmine McGillicuddy, Lillian Moore-Eissenberg, Deidre Kennedy, Dylan Nadeau, Thu Nguyen, Juan Bermudez, Bethany Sefakis, Patrick Casey, Shale Carey, Jacob DeCarolis, Elizabeth Moison, David Fitzpatrick, Elena Arciprette, Chloe Adler-Mandile, Kelley Connors, Lauren Basque, Natalie Proctor, Stephanie Palis, Hannah Burns)

Chamber Welcomes Fitchburg State University Intern Kevin Tomasetti

The North Central Massachusetts Chamber of Commerce is pleased to welcome Kevin Tomasetti as an intern at the Chamber’s headquarters this semester. Kevin is currently a senior at the Fitchburg State University majoring in Business with a concentration in Management and a minor in Honors.  His interest in entrepreneurship drew him to the Chamber for his internship.

Kevin decided to go back to school back in 2013 to better position himself to take over his family business, ACT Fastening Solutions, and is currently scheduled to graduate in May.  At Fitchburg State Kevin is also the Treasurer of Sigma Beta Delta, International Business Honor Society, Fitchburg State Chapter. Kevin is married and the father of two kids; Joey, who is 4 ½ years old, and Arianna, who will be 2 years old on Feb 13th. During his internship Kevin will be working on a Pitch Contest through a partnership with the Chamber and Fitchburg State. He will also be working with the Development Corporation on a variety of projects surrounding the lending process.  Through his internship Kevin will gain more knowledge, develop relationships with the local business community, and create a partnership that will grow and benefit everyone as he continues on his career path towards being a leader in the North Central Massachusetts community.

“We are excited to welcome Kevin as part of our team this semester,” said Roy M. Nascimento, President & CEO of the Chamber.  “He is a bright and ambitious student who will benefit from his time working with our members and supporting the advancement of North Central Massachusetts. I have no doubt that he will make a positive contribution to our organization.”

Chamber Welcomes Fitchburg State University Intern Kayla DeLuca

The North Central Massachusetts Chamber of Commerce is pleased to welcome Kayla DeLuca as an intern at the Chamber’s headquarters this semester. Kayla is currently a junior at the Fitchburg State University majoring in Communications with a concentration in Professional Communications. Her interest in event planning and hospitality drew her to the Chamber for this internship opportunity.

Kayla is a native of Pepperell and graduated from North Middlesex Regional High School. She is a member of the dean’s list at Fitchburg State University, is currently the Vice President of Operations for Alpha Sigma Tau Sorority, and a Resident Assistant at Fitchburg State.  As part of her internship, Kayla will be learning a variety of aspects of the Chamber and its affiliates. She will gain hands on learning experience by assisting with helping to organize special events and programs including the Annual Scholarship Golf Tournament.

“We are excited to welcome Kayla as part of our team this semester,” said Roy M. Nascimento, President & CEO of the Chamber.  “She is a bright and ambitious student who will benefit from her time working with our members and supporting the advancement of North Central Massachusetts. I have no doubt that she will make a positive contribution to our organization.”

Kayla was connected to the Chamber through Fitchburg State University Professor, Mike Greenwood. Professor Greenwood has worked with the Chamber for many years through their Community Leadership Institute and is currently the Director of Business Administration Internship Program. Please contact the Chamber at 978-353-7600 ext. 244 for more information.

Getting to Know Your Credit Scheduled for Tuesday, January 31, 2017

The North Central Massachusetts Chamber of Commerce will host its first “Getting to Know Your Credit” seminar on Tuesday, January 31, 2017 from 7:30 a.m. to 9:00 p.m. at the Chamber’s headquarters located at 860 South Street, Fitchburg, MA. This free presentation is designed to help businesses owners understand their credit and its importance to running a small business. This seminar is sponsored and presented by Digital Federal Credit Union

Discussions will include: What is credit and how is it calculated? What is “good credit” versus “bad credit” and “good debt” versus “bad debt”? There is a mistake on your credit report, how do you get it removed? You don’t have a great credit history and want to make some changes, how do you remedy this? Your personal credit and business credit are linked, but how?

While the program is free, registration is recommended to prepare for all attendees arrival. Register online at www.northcentralmass.com/news/calendar-of-events. Questions should be directed to Maria McCaffrey, events & programs manager, 978.353.7600 ext 235 or mmccaffrey@northcentralmass.com.

Prepare for Open Enrollment with Health Insurance Fair

The North Central Massachusetts Chamber of Commerce will be hosting a Health Insurance Fair on February 7, 2017 from 4:00 – 6:00 pm at the Chamber office, 860 South Street, Fitchburg, MA.  This Q&A fair will give business owners and subscribers an opportunity to meet with insurance carriers and ask questions about their plans, and understand choices and options as we head into the 2017 open enrollment period.  The Chamber offers health and dental plans through most major carrier in Massachusetts including:  Tufts Health Plan, Blue Cross/Blue Shield, Harvard Pilgrim, Neighborhood Health Plan, Health New England, Fallon and  dental coverage from Ameritas, Delta, and Altus.

“With the ever changing landscape of health insurance, we are excited to offer our members a chance to sit down and speak with members of the industry and help give them some clarity,” said Roy Nascimento, President & CEO of the North Central Massachusetts Chamber of Commerce. “Being able to assist local businesses with their health and dental needs is just another avenue we are helping advance the business community in North Central Massachusetts.”

We are here to assist business owners in finding affordable medical and dental plans to manage their healthcare costs and retain valuable employees. Whether you’re a large business, a small business, or a sole proprietor, then we can assist with your health insurance needs.

The Health Insurance Fair will be open to members and non-members who may be looking to change their health or dental coverage this upcoming open enrollment period, of April 1st.

There is no cost to attend, but pre-registration is encouraged. For additional information or to register, please contact the Chamber at 978.353.7600 ext. 222 or ext. 235 or visit online at www.northcentralmass.com.