Needs and critical actions for local business ecosystem (09/05/20)

By: Nina Hoppmann
Created: 9 May 2020 - 08:05
Updated: 10 May 2020 - 09:05

With the outbreak of COVID-19, small businesses had to stop their activities immediately and were closed for several weeks. This included businesses of many sectors, including social services like kindergarden, or tourism and culture. They suffer economically, some will have to shut down permenantly. The shutdown hit also the services to the most vulnerable group very hard. 

With the reopening of the countries, they are given restrictions on number of customers or services to provide, which makes their economic activity not cost-efficient. Furthermore, ​​​​​​small businesses lack protective material in order to open with all the necessary security conditions. 

There is a serious risk of losing many small businesses.

What can we do to support them? What do they need?