For everyone around the world right now, the end of this quarter has brought unprecedented challenges that will affect every type of business. However, it has been encouraging to witness how quickly the early-stage business community has rallied together to support the ecosystem. From investors jumping to the aid of portfolio businesses, to healthtech startups supporting the NHS in diagnosing the virus and producing the right equipment; this is a time of collaboration and compassion for our fellow investors and entrepreneurs.
To centralise some of the insightful information being shared, the Seedrs Institutional Investor team has compiled a list below of the top resources published by VCs detailing the best advice for how startups can cope during these trying times. We will update the list on a regular basis, but please feel free to share with portfolio businesses, friends and family running their own startups, and anyone else in need of some guidance right now.
VC Resource Library:
Additionally, a group of very helpful founders has compiled THIS list to get a better sense of the market and update the status of various European Investors. Please do add your fund and details if appropriate, and of course share with your own networks. Please note that Seedrs does not provide investment, financial, or tax advice, and nothing in this blog post or in the linked resources should be construed as such.
As the COVID-19 situation continues to unfold, Seedrs is operating business as usual. Our staff are working from home, and we are fortunate that, as an online business, we are able to do so with very minimal disruption to our operations. In order to support both our own portfolio businesses, as well as the wider startup community, Seedrs has implemented a number of initiatives to support companies with their fundraising needs through this time, including but not limited to:
- Fast-tracked fundraising campaigns
- Convertible equity campaigns (ASAs)
- Assistance with government support programmes
If you would like to hear more about these initiatives or refer one of your own portfolio businesses for one of these, or if you are an institutional investor that would like us to include any of your own resources, do let us know by dropping us a line on: email@example.com.
In the meantime we wish you the very best for health and wellbeing during this challenging period.