The global scale of the novel coronavirus pandemic has been catastrophic, having been responsible for millions of deaths and mass economic disruption around the world.
Small businesses, in particular, have been heavily impacted and are in desperate need for economic support. To provide relief to such businesses, the Verified Venture Capital initiative (VVC) has been created to provide grants and other resources to small businesses affected by the pandemic.
The Verified Venture Capital initiative pools resources from venture capitalists, angel investors, and other industry partners to create a massive fund which can be used to provide subsidies, loans, and other forms of financial aid to small businesses.
The initiative is open to any business or entrepreneur affected by the pandemic. The funds are distributed based on the need and potential impact of the businesses, so that the resources go to those businesses who need it the most.
The VVC also provides access to mentorship and guidance from experienced venture capitalists and entrepreneurs. These mentors can help businesses create a viable business plan and give advice on how to access funding, use online marketing tools, and develop their products and services.
Furthermore, the initiative has created a network of experts and organizations that provide services such as grants, partnerships, talent acquisition, and more. This network provides businesses access to the resources and support that they need to get back on their feet.
The Verified Venture Capital initiative is a much-needed resource for small businesses that have been affected by the pandemic. With its grants, mentorship, and network of resources, VVC is helping to ensure that small businesses remain viable and able to thrive in spite of these uncertain times.