More companies are going to bleed to death than people

Jacobs Henri
2 min readMar 14, 2020

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This is a fact and an immediate wake up call to all companies to adapt. Be agile just like ventures, also named start-ups and scale-ups. They are the firsts that feel the effects and are holding their breath in order to survive. Just as the food, transport, event sector, and many others are facing challenges.

Source; Medium.com/Techventures

But it are the same ventures together with universities, research centers that can come up with solutions. The European Commission pursues this through real means by launching a fund for companies that are solving this https://ec.europa.eu/info/news/startups-and-smes-innovative-solutions-welcome-2020-mar-13_

It would be even better if Europe could make resources available for companies that are socially and economically hit and dealing with serious consequences, to bridge the time frame to these solutions.

Of course, the well-being of our society is paramount, but humanity that makes part of it cannot live without entrepreneurial activity.

The health sector and research centers are depending on its suppliers and their suppliers thereafter. A vicious circle that has to maintains our entire system.

Therefore, let this be a wake-up call to anyone who is not affected and is full of entrepreneurial spirit to adapt, to come up with solutions, to be creative and to offer help where necessary, and within the framework, the government imposed on us.

This analysis was based on research and statistics published on https://medium.com/techventures/the-impact-of-covid-19-on-ventures-52c8a9c47ca9 and many other sources of inspiration.

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Jacobs Henri
Jacobs Henri

Written by Jacobs Henri

Futurist / Adventurepreneur / Board member / Jacobshenri.be

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