6 Worcester Business Journal | April 13, 2020 | wbjournal.com
And you can still see the local providers
you love right here in Central Mass.
We hear you. See how.
Tufts Health Plan's
smarter networks can
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11%
on health
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compared to our
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T H E T I C K E R
25%
Projected unemployment rate in Massachusetts by June,
based on early unemployment claims in the first two weeks
of the coronavirus crisis.
Source: Pioneer Institute
First-quarter office vacancy rate in the 495 West region (which
includes Marlborough, Hudson, Westborough, Hopkinton and
others), up from 17.5% a year ago.
18.4%
$34.5M
Source: Barings
Amount a subsidiary of Springfield insurance company
MassMutual paid for 250,000-square-foot distribution
center in Franklin.
National Science Foundation grant received by Quinsigamond
Community College in Worcester to develop a robotics
technician certificate program.
$298K
Source: QCC
Source: Hunneman
We are applying for federal bailout money
F L AS H P O L L
Will your business
pursue any government
financial help due to the
coronavirus pandemic?
Congress has passed a $2-trillion stimulus bill in the wake of the coronavirus
economic fallout. The new law includes $349-billion for small businesses to receive
up to $10 million in loans. Other organizations including the City of Worcester and
the North Central Massachusetts Chamber of Commerce have made relief efforts
available as well, for smaller amounts like $10,000. When polled online, nearly three-
fourths of WBJ readers said they plan to apply for coronavirus financial assistance.
Yes, without it we
would have to
close or make
significant expense
reductions.
29%
Yes, the terms are favorable
and it helps us get through a
rough period relatively
unscathed.
43%
3%
8%
No, it is too
little, too late.
No, I don't want
to agree to the
government's
stipulations.
We don't
need it. Despite
the downturn in the
economy, our
company is doing
very well.
17%