Analysis

April 7, 2020

Southern European governments must act now to save startups

Entrepreneurs say that current coronavirus response measures fall short and that many startups could disappear as a result.


Tim Smith

8 min read

In the last two weeks, the French and German governments have become the poster children of the European startup community, respectively committing €4bn and €2bn in specific relief for the sector. As the coronavirus crisis slows down business activity and access to funding, entrepreneurs in Southern Europe say their governments must act now to prevent serious long-term damage.

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75 startups and more than 3,800 individuals have signed the open letter.
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Dimitris Kalavros-Gousiou, cofounder and partner at Velocity.Partners.
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Tim Smith

Tim Smith was news editor at Sifted. He covered deeptech and AI, and produced Startup Europe — The Sifted Podcast . Follow him on X and LinkedIn

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