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AngelList's Resource Guide for Startups

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COVID-19 Startup Resource Guide

We hope you're staying safe. In these uncertain times, we want you to know that AngelList is here for you in any way we can be.

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Potential loans available:

  • SBA Disaster Loan: $2 Million
  • SBA 7(a) Standard: $5 Million
  • SBA Express: $350k
  • SBA Veterans Advantage: $350k - $5 Million
  • SBA CAPLines: $5 Million
  • SBA Community Advantage: $250k

Details for each and how to apply has been accumulated here


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Take a look at remote options, if suitable. Depending on your needs, you can find remote or contract workers that can fill your needs from a distance.

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SBA Loans

  • Contact your insurance broker. Do you have business interruption insurance and does this qualify for your business?

  • Encourage your team to apply for unemployment if they have lost hours or wages due to the impact of COVID-19, this applies to W2 AND Self-Employed. 
  • Ask Questions! The Economic Development Collaborative is offering free consulting for businesses that have experienced the following concerns or disruptions:
  • The Keeping American Workers Paid and Employed ActNOT PASSED YET
    • Provides $377 billion to help prevent workers from losing their jobs and small businesses from going under due to economic losses caused by the COVID-19 pandemic. It provides 8 weeks of cash-flow assistance through 100 percent federally guaranteed loans to small employers who maintain their payroll during this emergency. This proposal would be retroactive to February 15, 2020 to help bring workers who may have already been laid off back onto payrolls.

    • 300 billion emergency coronavirus relief package

High Level

Unemployment Links

We believe in Startups, and we believe they will be essential to our economy and our workers worldwide in these tough times. The world is fundamentally different than it was in January and we are doing what we can to help.

We have collaborated with several companies and are launching a resource guide around alternative funding sources, SBA loans, disaster loans, and everything we can find to help you in these times.

This is a living resource, please send us updates and share to help companies in need.

Together, we've got this. 
    

Note from the AngelList team:

Grants and Emergency Loans

While SBA loans are covered above we have found another 95+ additional opportunities from Banks and local state offerings to Facebook offering loans/relief/grants for those affected. Unfortunately most of these are not standardized to see if you are affected but read through the requirements column to see if you are eligible.


See List


Bank/Debt Assistance

Many Credit Cards and Lenders are offering everything from waiving of fees to deferred payments, here is a list of all that we and others have heard of so far:

See List

For companies that are participating/building for the Corona Virus there is a large amount of Grant/Loan opportunities to help in the outbreak. This list has been built based on this twitter thread, and aggregated by The Learning Agency

There are currently a list of 39 opportunities, details for each and how to apply has been accumulated here

COVID related Startup Funding