It’s a worrying time for SMEs running short of money during the COVID-19 pandemic. Not only will they be hit hard by a significant drop in customer revenue, traditional funders are also holding back, fearing an uncertain future.
This lack of cash means reinvesting profits for organic growth is impossible, and simply paying the bills has become a challenge.
In this podcast we hear from our panellists as they explore the impact of COVID-19 on routes to funding for SMEs and discuss what lies ahead post-lockdown.
Panellists:
Dr Robert A. Phillips, Senior Lecturer in Entrepreneurship, AMBS
Tony Walker ,Deputy Director Masood Enteprise Centre, AMBS
Dr Laura Etchells, Enterprise Business Development Manager, Masood Enterprise Centre, AMBS
Listen: