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Business Monday ETC: Aug. 18, 2025

Action Ambulance Service announces the renewal of its ambulance service contract with Hampden for an additional three years.

The agreement will extend through June 2028.

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Monson Savings Bank recently donated $2,000 to Springfield Ballers as part of the bank’s 2025 Community Giving Initiative. Each year, the bank invites community members to vote for local charitable organizations they would like the bank to support. The Springfield Ballers were among the top vote recipients this year.

The Springfield Ballers is a nonprofit organization committed to providing youth with access to structured athletic, academic, and leadership opportunities. Learn more about the Springfield Ballers at https://www.springfieldballers.com/.

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The University of Massachusetts has joined the Kern Entrepreneurial Engineering Network (KEEN)—a nationwide partnership of universities that have the shared mission to graduate engineers with an entrepreneurial mindset. This collaboration empowers educators to effectively engage their students and cultivate what KEEN calls the 3C’s of the entrepreneurial mindset: curiosity, connections and creating value.

As part of the network, UMass Amherst commits to instilling the 3C’s in 100% of undergraduate engineering students by further developing initiatives and curricula. It will also help advance the entrepreneurial mindset to the broader STEM education community.

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The Springfield Thunderbirds were recognized among their peers across multiple business areas during the American Hockey League’s Team Business Meetings presented by Victory Live in Indianapolis. The team captured the following honors:

AHL Marketing Department of the Year; AHL’s Most Unique Social Media Content; Matthew McRobbie: third in Eastern Conference in corporate sales revenue generated; Ticket Sales Department Benchmark Award for 600 new full season equivalents and Corporate Sales Department Benchmark Award for 90% renewal in corporate cash.

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The Healey-Driscoll administration announced $182 million in low-income housing tax credits and subsidies to 21 rental housing developments that will create or preserve 1,245 homes across Massachusetts, including the following local projects:

Ferry Street is a new construction project to be built in Easthampton. The nonprofit sponsor is Home City Development, Inc. The project will be constructed on a site including former mill buildings. When completed, Ferry Street will offer 96 total units. Ninety-one units will be reserved for households earning less than 60% of area median income (AMI), with 27 units further reserved for households earning less than 30%.

EconoLodge Redevelopment in Hadley is the adaptive re-use of a closed hotel as permanent supportive housing. The nonprofit sponsor is Valley Community Development Corp. The completed project will include 50 units for individuals or small households earning less than 60% of AMI, with 31 units further reserved for individuals or small households earning less than 30% of AMI. The completed project primarily will serve homeless individuals.

South Holyoke Homes Phase 3 is a new construction family housing project in Holyoke. The sponsor is Housing Innovations and Programming Inc., working with the Holyoke Housing Authority. When completed, the project will offer 40 total units. All units will be affordable to households earning less than 60% of AMI. Ten units will be further restricted for households earning less than 30% of AMI and, in some cases, transitioning from homelessness.

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The Young Professional Society of Greater Springfield (YPS) has announced its next upcoming event, Third Thursday, on Thursday, Aug. 21, from 5:30-7:30 p.m., in the Ballroom at The Delaney House located at 3 Country Club Rd, Holyoke.

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Palmer Dentistry and Implants, in conjunction with the Quaboag Hills Chamber of Commerce, has announced a ribbon-cutting event to celebrate its grand opening Friday, Aug. 22, at 4 p.m. at its location in Depot Plaza, 1581 N. Main St. in Palmer.

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Florence Bank will break ground on a 2,500-square-foot office at 1504 Northampton St. in Holyoke on Friday, Aug. 22, at 10 a.m.

The full-service Holyoke branch is expected to open in the spring of 2026 and will be the bank’s fourth in Hampden County.

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