See What Programs the CARES Act Has for Businesses, Non-Profits Impacted by COVID-19

The Federal government unveiled the the CARES (Coronavirus Aid, Relief, and Economic Security) Act which will help business of all sizes, and has special programs for small businesses and private non-profits. The legislation passed by Congress last week and signed by President Trump provides programs to help retain employees, gives grants and loans to businesses negatively impacted by the Coronavirus outbreak

The Payroll Protection Program offers loans to businesses that maintain their payroll during the Coronavirus emergency. Businesses with fewer than 500 employees can qualify. The Small Business Debt Relief Program gives loans to businesses. Loans can up to $5.5 million, and there are also micro loans of up to $50,000.

Watertown Company Looks to 3-D Print Medical Equipment to Help With Coronavirus

A Watertown company has started looking at how it can produce much-needed medical equipment to help during the Coronavirus outbreak. A shortage of medical supplies has been a problem as hospitals test for and treat patients with the COVID-19. Mark-Forged, located on Pleasant Street, has started to develop ways to 3-D print swabs and protective face shields used by medical staff when working with patients who may have the Coronavirus. The company was featured in a story on WHDH Channel 7. CEO Mark Greg estimates that 20 3-D printers could make 14,000 swabs a day.

Watertown Dance Studio, Personal Trainer Hosting Virtual Classes in Response to Coronavirus

Two local businesses announced they will be holding video classes during the Coronavirus outbreak. The owners of Ballroom in Boston and Get Lively sent out the following announcement:

Due to the National Emergency and the need to temporarily cancel most fitness and dance classes, Ballroom in Boston and Get Lively will be doing their best to keep you active and feeling lively during this challenging time. Over the next two weeks, they’ll be exploring various ways to offer online videos, classes, and programming to keep you moving and smiling while the studios are closed. Virtual personal training and private dance lessons are now available for booking with a variety of video call and conferencing platforms available for you to use. (Contact information below to book your session!)

Ballroom in Boston will be offering free daily programming on their Facebook page, including:

● 11:30am Kids Dance Class ● 2:00pm Daily Dose of Dance (fun for all ages!) ● 6:00pm Dance Date Night

Get Lively® will also be offering a variety of free programming via the “Lively Lounge” Facebook group listed below.

Watertown Business Coalition Hosting After Hours Networking Event

Watertown’s Commander’s Mansion. Head to the historic Commander’s Mansion and network with people from Watertown businesses and other local groups at the After Hours event. The Watertown Business Coalition’s recent Coffee Connect drew nearly 50 people, and the group invites people to its next event on Thursday, March 5 from 5 to 8 p.m. at the Watertown Commander’s Mansion, 440 Talcott Avenue, Watertown (the Arsenal on the Charles). Network with others from the Watertown business community, enjoy appetizers and a cash bar, and hear about development and the Arsenal Corridor. The event is free.

Athenahealth Announces New Chief Financial Officer

The following announcement came from athenahealth:

athenahealth, Inc., a leading provider of network-enabled services for ambulatory and hospital customers nationwide, announced today that Luis Borgen has joined the company as Chief Financial Officer (CFO). Luis most recently served as CFO for Vistaprint, a global e-commerce brand that empowers small businesses to market themselves with physical and digital marketing products. In his new role, Borgen will lead athenahealth’s finance organization to help propel the company’s strategic goals. “Our vision is to create a thriving ecosystem that delivers accessible, high quality and sustainable healthcare for all. This is now possible with a complete leadership team and with Luis leading a strong and engaged finance organization,” said Bob Segert, Chairman and Chief Executive Officer of athenahealth.

Watertown Woman’s Late Niece Inspires her Dog Cookies Business

Watertown resident Susan Haggerty is debuting her dog biscuits on an online business called Brookie’s Cookies. For several years, Susan Haggerty has made her own dog biscuits and she began selling them at the Waltham Farmers Market. Now she is ready to make it a business and it will honor her late niece. Haggerty, who lives in Watertown with her husband, created her recipe for the dog treats. “I have a yellow lab, Brady, and I started making them for him,” Haggerty said.