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New guidance on SBA loans means most startups are still excluded from $349 billion stimulus

TechCrunch LA

Under new guidance issued by the Small Business Administration it seems non-profits and faith-based groups can apply for the Paycheck Protection Program loans designed to keep small business afloat during the COVID-19 epidemic, but most venture-backed companies are still not covered. — Doug Rand (@doug_rand) April 4, 2020.

Startup 322
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Hyundai taps EV startup Canoo to develop electric vehicles

TechCrunch LA

Hyundai Motor Group said it will jointly develop an electric vehicle platform with Los Angeles-based startup Canoo, the latest startup tapped by the automaker as part of an $87 billion push to invest in electrification and other future technologies. Hyundai Motor Group has committed to invest $87 billion over the next five years. ”

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Energica CEO plots her Italian EV company’s reboot from lockdown

TechCrunch LA

There could be more demand for electric vehicles post COVID-19 crisis, believes Energica founder Livia Cevolini. One of those is greater demand for EVs after the pandemic. Before the health crisis shutdown most of Italy, Energica had already seen larger demand for its high-performance e-motos, with a price range of $17,000 to $23,000.

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9 Innovative Startups To Watch For in 2024

Tech.Co

Founded in 2020 by two former Meta executives, Tome is a business-focused storytelling and presentation tool that leverages generative AI. And with direct traffic making up 71% of Caledly’s total traffic, demand for the scheduling tool is likely to remain strong into 2024. million it generated in 2020.

Startup 210
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Boulevard books $70M to help beauty and wellness salons with their bookings

TechCrunch LA

The rebound that Boulevard saw in the pandemic is another sign of the demand in the market, and perhaps a signal that its customers and the industry in general are more recession-proof than some might have assumed. But for now, it’s a startup its investors believe is on solid footing in its home market. “As

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The New Style of Startup Vision: Smaller But Sharper?

Tech.Co

“A direct result of the fact technology is constantly evolving, the onus is on startups to be more specific in their aims and ambitions.” “Since then, Avnio has grown significantly – it was on the Salesforce AppExchange in April 2020, we won our first customer in August 2020, and we’ve climbed so much since then. .

Startup 104
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Private tech companies mobilize to address shortages for medical supplies, masks and sanitizer

TechCrunch LA

While some of the largest privately held technology companies, like SpaceX and Tesla , have shifted to manufacturing ventilators, smaller companies are also trying to pitch in and relieve scarcity locally. After that, we’re going to meet the demands of Canada,” INKSmith CEO Jeremy Hedges told the Canadian news outlet Global News.

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