Yale School of Management

Posts by SME

US Businesses Navigate Multiple Government Support Programs

May 12, 2020

In response to the COVID-19 pandemic, the United States has adopted multiple programs providing support to businesses, specifically targeting job retention, while at the same time expanding unemployment insurance benefits and eligibility. Programs to support businesses vary across types of benefit and eligibility criteria. This post summarizes government support options available to businesses in the United States and some potential considerations for employers and employees.

Continue reading “US Businesses Navigate Multiple Government Support Programs ”

Governments Support Businesses through Equity Investments

May 11, 2020

In response to the economic shutdown caused by COVID-19, many countries have announced plans to take equity stakes in private businesses. Germany and Poland have announced large-scale programs focused on relatively large companies that the government determines are systemically important. Other countries, like the U.S., have announced equity programs that target critical industries, which we cover in a separate survey. Several countries -- including the U.K., France, and Germany -- have also announced much smaller programs dedicating small sums to startups or small and medium-sized enterprises, as part of broader efforts to support small businesses. 

Continue reading “Governments Support Businesses through Equity Investments”

Germany Provides Public Funding for Recapitalization and Startup Equity

April 27, 2020

On April 20, the United Kingdom (UK) announced a GBP 1.2 billion ($1.49 billion) support package for “innovative firms.” The government, in partnership with private investors in some instances, will deploy the money through a new program called the Future Fund and the expansion of an existing program called Innovate UK. 

Continue reading “Germany Provides Public Funding for Recapitalization and Startup Equity”