The coronavirus pandemic outbreak has stumbled the whole world causing an economic breakdown and affecting all industries. As a result, the small and medium businesses across the world have been impacted due to the spread of the pandemic. To help these companies, respective governments have come up with rescue measures.
Likewise, the French Ministry of State for Digital Affairs Cédric O and Bpifrance announced a comprehensive support plan of €4 billion targeted at startups in the country. With this, the French government intends to bridge the gap between refinancing and liquidity measures temporarily.