Over the past seven years, our venture funds have invested in more than 60 early- and growth-stage startups in emerging markets (ex. China). Many are thriving, some are challenged but still growing, and some are just hanging on. None have Softbank-level funding, yet. That means that the impending shock to the business climate of emerging
Without fast and targeted action, we could face a “Main Street bloodbath that...will very soon decimate local economies across the country for a long time,” warn New Localism Advisors’ Bruce Katz, Blueprint Local’s Ross Baird and The Governance Project’s Colin Higgins.
A collective safety net, says Open Road's Maya Winkelstein, “will be our best chance at reducing the longer term economic effects on the sector hitting in fall, even after we are well past the public health moment.”
MCE's loan guarantee model leverages the credit of high net worth individuals and foundations to unlock capital for small and growing businesses.
“What does it mean to be friends and family to one another, in a way that is rooted in trust?” asks Runway Project's Jessica Norwood. “What was made visible for us by the coronavirus is we are all so interconnected, and the investment has to feel that way.”
The U.S. government is weighing bailouts for big hotel and cruise companies. Entrepreneurship advocate Victor W. Hwang tweeted, “America needs more bailing out of little people who make and create things, like products we need and jobs that pay the bills.”
Female fund managers, who are apt to invest in female entrepreneurs, deliver greater impact on women and their communities.