Yale School of Management

Posts by SME

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”

Congress Expands Support to Small Businesses

April 24, 2020
On April 23, the U.S. Congress passed emergency legislation to appropriate an additional $310 billion for the Paycheck Protection Program (PPP), $50 billion for Economic Injury Disaster Loans (EIDL), and $10 billion for EIDL Emergency Advances. Congress created the PPP and EIDL Emergency Advance programs on March 27 in the CARES Act. Continue reading “Congress Expands Support to Small Businesses”

Lessons Learned in Designing and Implementing Support for Small Businesses

April 24, 2020
One month into the biggest global bailout of small businesses in history, countries have started to adjust their initial programs to make them more effective. Small and medium sized enterprises (SMEs) account for 90 percent of businesses and a majority of employment opportunities across the world. Even during non-crisis times, many SMEs face constraints in accessing financing. Governments are working to provide exceptional support during the COVID-19 pandemic in order to prevent bankruptcies, unemployment, and a deeper recession. Continue reading “Lessons Learned in Designing and Implementing Support for Small Businesses ”