COVID-19 has created a health and economic environment unlike anything we have ever experienced.
As the leadership of the mid-market, we are uniquely positioned with the knowledge and resources to ensure that our communities have jobs and a stable economy after this crisis is over. We need to join together to manage the challenges ahead.
What can we do?
As such, I am proposing that we set up a fund to help small and mid-market companies and their people get though COVID-19. I am envisioning a combination of the war bonds effort from World War II and the Farm Aid movement of the mid-80s to provide equity, debt, and/or convertible funding to small and mid-sized businesses.
We have had many discussions with business, academic, and government leaders. CEO Connection member Scott Jackson, CEO of Global Impact, can set up the infrastructure for this project in a matter of days. Now it is time to act.
You do great things on your own … We can do even greater things together!