MassEcon in the News

For Immediate Release:
Contact:

Annie O’Connell, Communications Director
aoconnell@massecon.com

MassEcon to Recognize Exemplary Corporate Responses to COVID-19 Across the Commonwealth

FOR IMMEDIATE RELEASE – July 2, 2020 

17th Annual Team Massachusetts Economic Impact Awards – Celebrating 2020 Corporate Heroes

WATERTOWN, MA – MassEcon will celebrate Massachusetts companies that have responded in exceptional ways to the tremendous challenges caused by the global COVID-19 pandemic at its 17th Annual Team Massachusetts Economic Impact Awards – Celebrating 2020’s Corporate Heroes event presented by Citizens Bank.

For 16 years, MassEcon, the state’s private sector partner in promoting business growth in Massachusetts, has been honoring employers that have grown in Massachusetts with facility expansions and increased employment, through its Team Massachusetts Economic Impact Awards.  This year’s awardees, from every region of the state, will reflect the spirit of Massachusetts businesses to solve problems, serve their communities, and provide for the livelihoods of their workers in the midst of the global public health and economic crisis.

To be nominated as a 2020 Corporate Hero, companies must be headquartered in Massachusetts, or have primary operations here. When challenged by the onset of the COVID-19 crisis, the company has responded in at least one of the following ways:

  • Meet a need in battling the COVID-19 virus with a product or service
  • Meet the needs of its community and the Commonwealth through extraordinary charitable actions
  • Meet the needs of its employees through extraordinary efforts to sustain their employment under adverse business circumstances caused by the pandemic

Nominations can be submitted here through July 31, 2020. A team of judges comprised of business and community leaders will evaluate the nominees based on the special 2020 requirements, as well as other criteria including company diversity and inclusion strengths and past commitments to growth in Massachusetts.  The winners will be honored on November 24, 2020 at the 17th Annual Team Massachusetts Economic Impact Awards virtual event ceremony.

“There was a universal and heartfelt determination among our board of directors and membership to change the nature of the Awards this year to recognize companies that responded so well to the pandemic,” state Peter Abair, executive director of MassEcon.

“Across the Commonwealth, companies have stepped up to support their employees and their communities through the immense challenges presented by the COVID-19 crisis,” said Jerry Sargent, President, Citizens Bank, Massachusetts. “Citizens Bank is proud to partner with MassEcon to highlight some of the incredible businesses that help make Massachusetts an amazing place to live and work.”

ABOUT MASSECON
MassEcon’s mission is to promote and champion Massachusetts as the best place to start, grow, and locate a business. Built upon a robust network of corporate and civic members, MassEcon convenes public and private sector leaders of industry to create an inclusive business ecosystem that enhances job growth across a diverse talent pool; promotes investment in all communities; expands equitable opportunities throughout the Commonwealth. www.massecon.com.

ABOUT TEAM MASSACHUSETTS
Team Massachusetts is the informal name given to a consortium of state and quasi-public economic development agencies, such as MassDevelopment, Mass Office of Business Development, MOITI, Massachusetts Growth Capital, and the Mass Life Sciences Center, as well as private sector organizations focused on economic development in Massachusetts, such as MassEcon and MassBio.

ABOUT Citizens Financial Group, Inc.
Citizens Financial Group, Inc. is one of the nation’s oldest and largest financial institutions, with $176.7 billion in assets as of March 31, 2020. Headquartered in Providence, Rhode Island, Citizens offers a broad range of retail and commercial banking products and services to individuals, small businesses, middle-market companies, large corporations and institutions. Citizens helps its customers reach their potential by listening to them and by understanding their needs in order to offer tailored advice, ideas and solutions. In Consumer Banking, Citizens provides an integrated experience that includes mobile and online banking, a 24/7 customer contact center and the convenience of approximately 2,800 ATMs and approximately 1,000 branches in 11 states in the New England, Mid-Atlantic and Midwest regions. Consumer Banking products and services include a full range of banking, lending, savings, wealth management and small business offerings. In Commercial Banking, Citizens offers a broad complement of financial products and solutions, including lending and leasing, deposit and treasury management services, foreign exchange, interest rate and commodity risk management solutions, as well as loan syndication, corporate finance, merger and acquisition, and debt and equity capital markets capabilities. More information is available at www.citizensbank.com or visit us on TwitterLinkedIn or Facebook.

-###-