4 ways governments can support start-ups and save their economies

4 ways governments can support start-ups and save their economies

The current crisis has put start-ups and start-up ecosystems everywhere in mortal danger.. Decisive policy action is needed to avoid a catastrophe; 61% of start-ups globally are counting on it.. Government leaders: You have spent far too much time and invested far too many resources into your start-up ecosystem to watch COVID-19 destroy it.. Cash is the number one concern for start-ups right now.. Money is running out.A significant number of start-ups are in what we call the "red zone," with 41% having three months or less of cash runway left.. Even start-ups that have raised Series A, B, or later rounds are at risk, with 34% having less than six months of runway left.. In April, the United States lost a record 20.5 million jobs , the fastest and sharpest drop since the government began tracking the data.. One in ten founders believe that programmes to create and increase demand are the most helpful policy responses for their business..