Valley Venture Mentors to Award $150,000 to Startups Tonight

Today, May 24, Valley Venture Mentors (VVM) will host more than 450 people to celebrate the achievements of 35 startups participating in the fourth VVM Startup Accelerator program. The awards event will gather community influencers, entrepreneurs, philanthropists, and business leaders at the MassMutual Center starting at 5 p.m. for an evening celebrating the local entrepreneurial…

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Suffolk Downs agrees to lease, refurbish Great Barrington track for live horse racing | masslive.com

The company that operates horse racing and simulcasting at Suffolk Downs in East Boston has agreed to lease and refurbish the race track in Great Barrington.  Sterling Suffolk Racecourse LLC said Wednesday they will operate commercial races at the Great Barrington track while still operating simulcast wagering in East Boston.  The Great Barrington Fairgrounds are…

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Basketball Hall of Fame in Springfield shows off phase 1 of multi-million dollar renovations

The Naismith Memorial Basketball Hall of Fame hosted a ribbon cutting ceremony Wednesday to celebrate the completion of Phase 1 in its multi-million-dollar renovation. Renovations and additions revealed included the Tip-Off Pavilion Lobby Presented by Mohegan Sun featuring images of iconic players and moments in the game, the impressive modern surround sound NIKE Theater, a…

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United Technologies plans to hire 35,000 and spend $75 billion with suppliers, possibly…

Aerospace and technology giant United Technologies Corp. said Wednesday it plans to hire 35,000 people — including thousands in Connecticut — and spend more than $15 billion on capital improvements and research and development over the next five years. UTC also announced plans to spend an additional $75 billion through local procurement of products and services,…

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United Bank Announces Purchase of Six Bank Branches

United Bank announced it has entered into an agreement with Webster Bank, N.A. of Waterbury, Conn. to purchase six branches located in Connecticut, Massachusetts, and Rhode Island. United Bank will assume approximately $120 million of branch deposits in the transaction, which is expected to close in the fall of 2018, pending regulatory approval. Under the…

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Economic Development Council of Western MA/Springfield WORKS to host Commonwealth Corps Members

The Economic Development Council Western Mass/Springfield WORKS to Host Three Half-time (18 – 20 hrs/wk) Commonwealth Corps members to serve as Community Outreach Support Specialists providing community resident, leader and employer outreach and mentor recruitment. Through their service, members will increase access to a greater number of residents who are underemployed or unemployed, and community…

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People in Business: Florence Bank hires Nikki Gleason, of Monson, to serve as Vice President/Branch Manager of new Springfield branch

Florence Bank has hired Nikki Gleason, of Monson, to serve as vice president/branch manager of the bank’s new Springfield location, slated to open this year. Gleason studied accounting at Springfield Technical Community College and completed the program at the New England School of Financial Studies at Babson College. She is a board member for Greater…

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People in Business: Comcast announces appointment of Beverly Elliott as Vice President of Engineering for Western New England Region

Comcast has announced the appointment of Beverly Elliott as Vice President of Engineering for the company’s Western New England Region, which is headquartered in Berlin, Connecticut and includes more than 300 communities in Connecticut, Western Massachusetts, Western New Hampshire, Vermont and New York. In this role, Elliott oversees Comcast’s network operations, including construction, product engineering…

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