The Impact of COVID-19 on Startups: June 2020

Information & artwork courtesy of SCORE.
SCORE surveyed pre-startups & startups in early June 2020.

 

Number of employees

pre-startups and startups survey of employee count: Only Owner, 2-5, 6-10, 11-20 infographic
Industry

pre-startups and startups survey of Industry jobs infographic

More startups have received outside financial help than government aid in the past three months.
Since March 15, 2020, have you received any of the following non-government help? (check all that apply)

pre-startups and startups survey of government aid in the past three months infographic

Only 20% of startups applied for the PPP, and half received some portion.

pre-startups and startups survey of startups who applied for PPP paycheck protection program) or requested money/loan infographic

Startups are creatively seeking new target markets, business models and products/services.
What changes have you made with your marketing? (check all that apply)

pre-startups and startups survey of  target markets, business models and products/services infographic

Many startups are providing employees with PPE and flexible work schedules.
What changes have you made with your employees or contractors? (check all that apply)

pre-startups and startups survey of employee PPE and flexible work schedules infographic

They are cleaning more and adjusting spaces and hours.
What changes have you made with your operations? (check all that apply)

pre-startups and startups survey of cleaning frequency and space and hours adjustments infographic

*Data from a SCORE survey conducted from May 27 – June 10, 2020. 664 business owners responded with 196 respondents
identified as thinking of starting a business or in their first year of business ownership.
*View entire 2020 infographic HERE.
**View results of our April 2020 survey HERE.