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Funding Relief for Startup & Small Businesses Impacted by COVID-19
A whopping 99% of the businesses in America are small businesses which, by definition, includes the majority of startups. We are in trying times but new clinical trials and more advanced understanding of COVID-19 are finally signaling that there might be a light at the end of this dark tunnel.
Unfortunately, most small businesses and startups won’t survive long enough to embrace a world on the other side of this mess. According to Forbes, “Three-quarters of startups have laid off full-time employees due to COVID-19, according to a Startup Genome survey of 45 countries. And most of them have just a few months of cash reserves.”
Startups have brought fantastic innovation to every sector and industry. The unique businesses focus on speed, relevancy, and experimenting to disrupt industries like travel, media, retail, and even healthcare. We, collectively as world citizens, can’t sit back and do nothing about the untimely and unjust demise of so many ventures that have the potential to change the world.
Below is a list of Relief Funds, Loans, Grants, and other funding vehicles designed specifically to assist startups through this pandemic so they may live on to make life better for us all once this tragic situation is over.
