May 19 Finance Chat: The Early Data on Getting Funded During COVID
We’ll succeed if we band together through the COVID crisis and recession. Don’t struggle alone. We’re bringing the community together through free webinars / Q&A sessions with our team and other experts. Here are the details for how to join: Quaranteam HR and Finance Chats. Here are the updates from the latest webinar on The Early Data on Getting Funded During COVID.
2020-May-19 Finance Quaranteam Chat: The Early Data on Getting Funded During COVID
Download the slides HERE
Highlights
BDC Co-Lending Program finalized
- What:
- Revenues under $1 million: eligible for loans up to $312,500
- Revenues from $1 million to $50 million: eligible for loans up to $3.125 million
- Revenues greater than $50 million: eligible for loans up to $6.25 million
- Who: For-profit businesses affected by COVID
- How to apply:
As mentioned by Raymond in the webinar: https://about.hockeystick.co/active-funders-canada
Positive News
- Moderna Vaccine – Phase 1 trials show positive outcomes
- First Canadian Vaccine Trial approved
- Dr. Theresa Tam – 50% recovery in Canada
Stock markets elated by the good news
