As the COVID-19 outbreak continues to grow, many private equity and venture capital-backed companies are responding with initiatives to help individuals and communities tackle the health threats and economic challenges posed by the virus across the continent. To tell their stories and draw attention to the positive actions of our members and their portfolio companies, Invest Europe has launched a social media campaign that will reach our 12,500 followers on LinkedIn and 45,000 on Twitter.
Here we share some of the ways that private equity, venture capital and the businesses that it supports are helping in the fight against COVID-19.
French caterer Foodles, backed by DN Capital, is delivering free fridges and food to hospitals and providing canteens for medical staff so that caregivers can eat 24/7.
The AA in Ireland, backed by The Carlyle Group, is giving health workers and vulnerable people free motor rescue during the COVID19 crisis. The company is also foregoing all revenue for hotel inspection and grading to support the hospitality industry.
In response to the growing crisis, Invest Europe is introducing an interactive library of resources to help members understand the impact of the coronavirus outbreak on the industry and the wider economy & stay up to date on the emergency policy measures taken across Europe in support of businesses.
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