WORCESTER — With words of welcome and the swing of a cut ribbon, Worcester opened its doors to entrepreneurs on Monday with the official ribbon cutting of the Innovation Center of Worcester.
The center is located at 20 Franklin St., in the home of the former Telegram & Gazette. It was a building two years ago many said required a wrecking ball, according to Craig Blais, president and CEO of the center’s founding organization, the Worcester Business Development Corporation.
Overall, the building renovation cost $40 million, including two floors of which is now part of a satellite campus for Quinsigamond Community College. The Innovation Center build-out cost roughly $2 million, including a $1 million federal Department of Commerce Economic Development Administration grant, donations from various foundations.