SMEs are a heart of European economy and they have been largely influenced by the COVID-19 crisis. In order to help their companies survive and thrive, startup CEOs have to learn to manage their employees remotely, deal with stress and all the daily policy changes around the world. This is nevertheless, not the hardest part in the equation. VCs all over the world are reluctant to make investments in the following months and mostly have a negative outlook for 2020-2021. At the time when “Cash is King” startups have to reduce their burning rate and look for alternative financing methods.
Help in obtaining financing
We at Atis Partners are happy to assist you through these hard times and propose you alternative options to obtain liquidity.
Together with out experts we will take a closer look as to which applications you can do today in order to obtain additional cash for the following months.
French government has dedicated over €300 billion to the coronavirus problem, of which €45 billion are specifically dedicated to startups. The 10th of April the budget dedicated to startups has been increased from €45 billion to 100 billion.
Germany’s lower house of parliament has approved a €750 billion aid package to cushion the economy from the direct impact of the coronavirus outbreak.
U.K. Finance Minister Rishi Sunak announced £330 billion of government-backed loans and guarantees.