For years, small business ownership has served as a “gateway” to the middle class, particularly for residents in Gateway Cities like Holyoke where economic mobility is otherwise limited and educational attainment is low. But since the pandemic, experts and advocates have warned that Massachusetts’s small businesses are struggling to survive.
small businesses
Posted inGateway Cities
‘Couldn’t come at a better time’: Six Gateway Cities to get economic boost in downtown districts
Malden, Holyoke, Fitchburg, Chelsea, Peabody, and Lowell were selected for the latest round of support last week. Each city will receive a three-year economic development fellow who will provide on-the-ground expertise, leadership, and planning to help support small businesses, real estate development, and arts and culture projects.
Posted inThe Saturday Send
The long-term affects of Steward Health Care’s bankruptcy and four more stories
Hallie Claflin does a deep dive into the long-term affects of Steward Health Care’s bankruptcy filing, and what hospital closures could mean for the Healey administration going forward. Plus: Universities and businesses grapple with the prospect of lower international enrollment in Boston-area schools, permitting can’t catch up to demand for new housing, state senators question sheriff spending, and more.
