Startup Resources

Resources

VC-Backed Startups Will Be Eligible for the Coronavirus Stimulus Loans
This has caused a lot of confusion amongst the startup community over the past few days. The Paycheck Protection Program’s “affiliation rule” was thought to exclude small businesses and startups that count venture capitalists among their shareholders. But House Minority Leader Kevin McCarthy (R-Calif.) joined the Axios Pro Rata podcast to discuss how that will be changing.

https://www.axios.com/coronavirus-vc-startups-small-business-loans-6ae9e125-fbbb-4349-9d67-ce68d4a5ac57.html?utm_source=Master+List&utm_campaign=1f3e038fb5-EMAIL_CAMPAIGN_2019_04_18_03_50_COPY_01&utm_medium=email&utm_term=0_3c9e7cf190-1f3e038fb5-104733269

Emergency Funding Opportunity
Applications are open for Invest Atlanta’s Business Continuity Loan Fund. The fund offers zero-interest loans with payments deferred for 6 to 12 months to support Atlanta businesses affected by the COVID-19 economic disruption.

https://www.investatlanta.com/business-continuity-loan-fund?utm_source=Master+List&utm_campaign=1f3e038fb5-EMAIL_CAMPAIGN_2019_04_18_03_50_COPY_01&utm_medium=email&utm_term=0_3c9e7cf190-1f3e038fb5-104733269

Review of the CARES Act – Live Stream Recording
Invest Atlanta hosted a Facebook Live in partnership with Technology Association of Georgia, ATDC, Atlanta Tech Village, Metro Atlanta Chamber, Silicon Valley Bank, ICBA, & Mailchimp for a review of the new CARES ACT Paycheck Protection Program (PPP), including what startups and small businesses should know and the actions they can take now.

Special Edition: The Deal Junkies Discuss COVID-19 and Market Conditions
This is a special edition of The Deal Junkies Podcast by Nelson Mullins. In this episode, hosts Rusty Fleming and Lee Hart discuss COVID-19 and the impact on credit markets, lenders, and borrowers.

https://www.nelsonmullins.com/idea_exchange/blogs/the-deal-junkies-podcast/commercial-and-syndicated-lending/special-edition-the-deal-junkies-discuss-covid-19-and-market-conditions?utm_source=Master+List&utm_campaign=1f3e038fb5-EMAIL_CAMPAIGN_2019_04_18_03_50_COPY_01&utm_medium=email&utm_term=0_3c9e7cf190-1f3e038fb5-104733269

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Courtesy VentureAtlanta.org

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