The coronavirus pandemic has spurred change in the startup community. From newly funded ventures to seasoned entrepreneurs, startups are adapting to the impact of the crisis. Some EU-based startups have already altered their offerings and pivoted their market strategies to meet customers’ current needs.
Where VC funds ceased and layoffs emerged, a number of European countries have even stepped up to support startups on the financial fringe, such as France which put forward a four billion euro liquidity plan to stimulate startup bankrolls.