Business & Tech
Sudbury Chamber of Commerce Preps for 'Event Under the Tent'
Members also turned out at the May general meeting for networking and insights on the banking industry from guest speaker John Fossett of Middlesex Savings Bank.
The Sudbury Chamber of Commerce is counting down to its “Event Under the Tent,” which will take place on the grounds of on Saturday.
The event is being held to raise money for Sudbury’s Fourth of July parade. Tickets cost $85 and are available online at the Chamber of Commerce website. Tickets will also be available at the door on the night of the event, which goes from 7 p.m. to midnight. Highlights will include dinner and dancing, as well as an exclusive after-hours tour of the Wayside Inn Antiques show, which will also be held on the property from Friday to Sunday.
“The band is going to be phenomenal,” the president of the Chamber’s board, Louis Stephan, told fellow chamber members at the group’s regular monthly meeting at the Wayside Inn on Tuesday.
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The monthly meetings offer a networking opportunity for Sudbury business people and also feature guest speakers on topics of interest to the community. Featured at Tuesday’s meeting was John Fossett, a senior vice president at .
Fossett provided a brief retrospective on the turmoil in the banking industry over the past several years and explained that many of the smaller local banks that survived have now regained their footing. However, he stressed that for small businesses, keeping a two-way flow of communication open with their bankers is key, especially given the tighter lending restrictions that have risen since the financial crisis.
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“In this environment, I think it’s important for you to be assessing whether your bank is really open for business,” advised Fossett. “But the good news is that money is still very much available.”
As a final piece of business at Tuesday’s meeting, Stephan provided attendees with a brief update on the proposed sewer project for Route 20. At Town Meeting last week, an article was approved to allocate $1 million for initial design work. This must now also be approved at Special Town Election on June 7.
“We’re kind of at critical mass on this, so if you’re talking to anyone who’s on the fence [about the project], its pretty important to the business community,” said Stephan. “For the long-term viability of our downtown business district, it is going to be paramount.”
The next general meeting of the Chamber of Commerce is scheduled for June 14.
