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Venture-backed startups line up for U.S. government stimulus loans after weighing risks

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Home Blogs > Business
Apr 17 '20 | By oiam2companyadmin | Views: 38 | Comments: 0

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The COVID-19 pandemic arrived just as Respond Software CEO and co-founder Mike Armistead was trying to sell automated cyber security software to new clients. Most of them are no longer in a buying mood. So Respond Software, a 50-employee, venture-backed startup, applied for about $1 million in government support.
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Source: https://www.reuters.com/article/us-health-coronavirus-stimulus-startups/venture-backed-startups-line-up-for-u-s-government-stimulus-loans-after-weighing-risks-idUSKBN21Z1BF?feedType=RSS&feedName=businessNews

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