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MAY 2020

Startups are known for their adaptability. However, Covid19 brought challenges and the odds become less favorable to growth.

Through this study, we present a perceptive evaluation of the impact Covid19 is having in startups in the city of Porto. The topics evaluated include sales, human resources and investment. In addition, startups share how they are or will benefit from the support measures available.

CAPITAL

0%

of startups have 3months of runway

0%

say their sales are impacted negatively

0%

have a positive impact in sales

0%

are not raising VC investment

0%

look for alternative funding sources

0%

have expectations of a negative evolution of investment

TALENT

0%

keep their teams, no dismissals

0%

want to hire

OPERATIONS AND MANAGEMENT

0%

reduced expenses

0%

are concerned with the possible shutdown of their companies