--- title: "Seedstars Responds to the Outbreak of COVID-19" url: https://www.seedstars.com/content-hub/newsroom/seedstars-responds-outbreak-covid-19/ --- 1. [HOME](/) 2. [RESOURCES](/content-hub/) 3. [NEWSROOM](/content-hub/newsroom/) 4. SEEDSTARS RESPONDS TO THE OUTBREAK OF COVID-19 ![Seedstars Responds to the Outbreak of COVID-19](https://seedstars-com.s3.amazonaws.com/images/Seedstars_Responds_to_the_Outbreak_of_COVID.max-1500x500.jpg) GLOBAL • ECOSYSTEM ## Seedstars Responds to the Outbreak of COVID-19 Pierre-Alain Masson MARCH 18, 2020 Dear community, As the world seems to be put on hold, I am amazed to witness the resilience of our community and its ability to put forward new and innovative ways to organize our societies. #### WRITTEN BY ![None](https://seedstars-com.s3.amazonaws.com/images/Pierre-Alain_Masson.max-376x376.jpg) CEO & CO-FOUNDER Pierre-Alain Masson [__](https://www.linkedin.com/in/pierrealainmasson/) [CONTACT US](/contact-us/) I am fortunate to be part of a **vibrant and incredibly proactive community**. It has been extremely inspiring to watch Seedstars team members, entrepreneurs, mentors, ecosystem enablers, ambassadors and partners roll up their sleeves and take up the challenge of reshaping programs and events. As Seedstars’ Global Summit, themed BEYOND, is approaching, we could not be prouder to be part of a community that is eager and capable of taking concrete and constructive steps:putting forward innovative mechanism, sharing best practices, spreading positivity, being independent (yet standing in solidarity), and keeping the positivity to **go BEYOND physicality and have an impact DIGITALLY.** The spirit of our core values — **#IndependentlyTogether, #GetSh*tDone,** #HackTheSystem, #InExperimentsWeTrust, #OutsideTheComfortZone — has never been more relevant. As a remote team providing online programs, Seedstars transcends borders (even closed ones!) and continues to bring change by catalyzing innovation, building capacity, and impacting lives through tech and entrepreneurship. Considering the many pressing issues the world is facing in various sectors, I strongly believe that it is the drive and commitment of a community like Seedstars’ that will pave the way for a different today and tomorrow. Our goal is to **enact and catalyze positive impact** on people’s lives! How to set up your preparedness plan to join us in catalyzing change? * Do a SWOT of your business due to consumers staying at home. * Make sense of where the components of your (or your customers’ or suppliers’) supply chain are located and how this will affect your business. * Which of your customers could be especially affected by either a supply shock or demand shock? * Put together scenarios for “back to certain normality” by date (e.g. 1 May, 1 June, 1 July, etc) and only take into consideration the source of revenue you are certain of (commitment and payment). * What’s your plan if you see a path to a minor, consequent, massive reduction in revenues, or large increases in receivables outstanding? * Search for new leading indicators of risks or business loss. * Develop plans for further cost reduction: evaluate cancelling rent, evaluate reducing salaries vs. firing your team, engage in discussions with your providers, get payments in advance from recurring customers by offering discounts, etc.). * Is there any way to raise more cash now, before you need it, in the form of debt or equity from existing investors? * What mitigation measures can you take right away to reduce impacts on your business? If not now, what indicators will trigger you to take these actions? * After a near term reduction is in place, how can you reduce burning further in the next 3-6 months? * Plan to replan – to regularly review, reframe and adapt your plan as you gain new information and see patterns arise in this rapidly changing situation. * Take the business slow-down time to fix bugs in your processes. * Never lose contact with your customers, even if sales are on hold. * Communicate with your teams. Onwards and upwards, Pierre-Alain Masson Partner The Seedstars Group > “They tried to bury us, but they did not know we were seeds.” > > MEXICAN PROVERB ARTICLE GLOBAL SWITZERLAND ECOSYSTEM ENABLER OTHER EMPLOYMENT ## More like this [ ![None](https://seedstars-com.s3.amazonaws.com/images/istanbul.max-320x550.jpg) MIDDLE EAST AND NORTH AFRICA • #### Turkey's founders move from phones to factories Aug. 03, 2026 ](https://www.seedstars.com/content-hub/life/beyond-valley/turkeys-founders-move-from-phones-to-factories/) [ ![None](https://seedstars-com.s3.amazonaws.com/images/istanbul.max-320x550.jpg) MIDDLE EAST AND NORTH AFRICA • #### Building a Resilient Tech Ecosystem in the West Bank and Gaza Jun. 09, 2026 ](https://www.seedstars.com/content-hub/life/beyond-valley/building-resilient-tech-ecosystem-west-bank-and-gaza/) [ ![Why Moldova’s best startups look global from day one](https://seedstars-com.s3.amazonaws.com/images/Why_Moldovas_best_startups_look_global_from_.max-320x550.png) CENTRAL AND EASTERN EUROPE • #### Why Moldova’s best startups look global from day one Some Moldovan startups register a company in Estonia before they ever talk to an investor. 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Nov. 12, 2025 ](https://www.seedstars.com/content-hub/life/palestine-startup-ecosystem-learning-how-to-scale/) [ ![How Morocco is turning steady signals into a real startup story](https://seedstars-com.s3.amazonaws.com/images/How_Morocco_is_turning_steady_signals_into_a.max-320x550.jpg) CENTRAL AND EASTERN EUROPE • #### How Morocco is turning steady signals into a real startup story Morocco’s startup ecosystem is finding its rhythm. After a quiet 2023, founders and investors regained momentum. Startups in the country raised around 70 million USD across 40 deals in 2024 - almost double the previous year, according to Africa: The Oct. 12, 2025 ](https://www.seedstars.com/content-hub/life/how-morocco-turning-steady-signals-into-real-startup-story/) [ ![These 12 Jordanian startups are solving problems across the Arab world](https://seedstars-com.s3.amazonaws.com/images/These_12_Jordanian_startups_are_solving_prob.max-320x550.jpg) CENTRAL AND EASTERN EUROPE • #### These 12 Jordanian startups are solving problems across the Arab world Jordan has positioned itself as one of the Middle East's most efficient startup ecosystems. While the Kingdom represents just 3% of the region's population, Jordanian entrepreneurs have achieved remarkable influence across the Middle East. Oct. 03, 2025 ](https://www.seedstars.com/content-hub/life/12-jordanian-startups-solving-problems-across-arab-world/) [ ![Six Georgian startups you should know about](https://seedstars-com.s3.amazonaws.com/images/Six_Georgian_startups_you_should_know_about_.max-320x550.jpg) CENTRAL AND EASTERN EUROPE • #### Six Georgian startups you should know about Georgia’s tech ecosystem has been growing quietly beyond its early fintech reputation. The small Caucasus nation has built one of Europe’s most business-friendly environments, and it is starting to show. Sep. 17, 2025 ](https://www.seedstars.com/content-hub/life/six-georgian-startups-you-should-know-about/) [ ![Azerbaijan's practical approach to building a tech hub](https://seedstars-com.s3.amazonaws.com/images/Azerbaijan_practical_approach_to_building_a_.max-320x550.jpg) ASIA • #### Azerbaijan's practical approach to building a tech hub While Silicon Valley startups chase the next consumer app, Azerbaijan's entrepreneurs are solving a more fundamental problem: building the digital backbone that businesses across the region desperately need to operate. Sep. 04, 2025 ](https://www.seedstars.com/content-hub/life/azerbaijan-practical-approach-building-tech-hub/) [ ![Lebanon's startup scene is built for global markets](https://seedstars-com.s3.amazonaws.com/images/Lebanon-startup-scene-is-built-for-global-ma.max-320x550.jpg) ASIA • #### Lebanon's startup scene is built for global markets Lebanon's startup ecosystem operates on a fundamentally different premise than most tech hubs. While entrepreneurs in larger markets might spend years perfecting their domestic strategy, Lebanese founders incorporate abroad and sketch international e Aug. 04, 2025 ](https://www.seedstars.com/content-hub/life/lebanon-startup-scene-built-for-global-markets/) [ ![How Armenia built an ecosystem bigger than its borders](https://seedstars-com.s3.amazonaws.com/images/How_Armenia_built_an_ecosystem_bigger_than_i.max-320x550.jpg) ASIA • #### How Armenia built an ecosystem bigger than its borders Armenia has quietly built one of the region's most sophisticated startup ecosystems. The country's tech diaspora, with deep Silicon Valley roots, gives it an edge that neighboring countries can't easily replicate. Aug. 01, 2025 ](https://www.seedstars.com/content-hub/life/armenia-built-an-ecosystem-bigger-than-its-borders/) [ ![How Mongolia's landlocked startup scene is thriving](https://seedstars-com.s3.amazonaws.com/images/Seedstars_Website_-_Life_content_-_Thumbnail.max-320x550.jpg) ASIA • #### How Mongolia's landlocked startup scene is thriving When you think of Mongolia, startup innovation probably isn't the first thing that comes to mind. But this landlocked country is quietly building something unexpected: a tech ecosystem that's learned to turn geographic constraints into creative advan Jul. 29, 2025 ](https://www.seedstars.com/content-hub/life/mongolia-landlocked-startup-scene-thriving/) [ ![Innovation under pressure: How Ukraine’s tech sector defies odds](https://seedstars-com.s3.amazonaws.com/images/thumbnailukraineblogpost210525.max-320x550.png) CENTRAL AND EASTERN EUROPE • #### Innovation under pressure: How Ukraine’s tech sector defies odds Ukraine's tech sector thrives amid challenges, developing resilient solutions that work in any conditions. See how innovation under pressure creates technology the world needs. May. 21, 2025 ](https://www.seedstars.com/content-hub/life/innovation-under-pressure-how-ukraines-tech-sector-defies-odds/) [ ![How agricultural innovation is shaping up in Eastern Europe and Central Asia](https://seedstars-com.s3.amazonaws.com/images/020525THUMBNAIL.max-320x550.png) GLOBAL • AGRICULTURE #### How agricultural innovation is shaping up in Eastern Europe and Central Asia Agritech startups in Eastern Europe and Central Asia are transforming farming with local innovations tackling drought, resource limits, and climate change. May. 02, 2025 ](https://www.seedstars.com/content-hub/life/how-agricultural-innovation-shaping-eastern-europe-and-central-asia/) [ ![How Egypt is moving from hypergrowth to sustainable innovation](https://seedstars-com.s3.amazonaws.com/images/lifearticle0404thumbnailphoto.max-320x550.png) MIDDLE EAST AND NORTH AFRICA • #### How Egypt is moving from hypergrowth to sustainable innovation Egypt's startup ecosystem shifts from hypergrowth to sustainable innovation, with founders focusing on profitability and efficiency amid changing investment standards and government support. Apr. 04, 2025 ](https://www.seedstars.com/content-hub/life/how-egypt-is-moving-from-hypergrowth-to-sustainable-nnovation/) [ ![Círculo de Crédito anuncia nueva alianza con Seedstars para fortalecer su brazo de Corporate Venture](https://seedstars-com.s3.amazonaws.com/images/thumb240325.max-320x550.png) LATIN AMERICA • TECHNOLOGY #### Círculo de Crédito anuncia nueva alianza con Seedstars para fortalecer su brazo de Corporate Venture Capital (CVC) Círculo de Crédito, sociedad de información crediticia líder en México, está impulsando la innovación tecnológica a través de su brazo de Corporate Venture Capital (CVC) para promover la innovación y el desarrollo tecnológico en el ecosistema de conf Mar. 24, 2025 ](https://www.seedstars.com/content-hub/newsroom/c%C3%ADrculo-de-cr%C3%A9dito-anuncia-nueva-alianza-con-seedstars-para-fortalecer-su-brazo-de-corporate-venture-capital-cvc/) [ ![Meet the startups modernizing Kazakhstan's tech lands](https://seedstars-com.s3.amazonaws.com/images/THUMBNAILLIFE0703ARTICLELIFE.max-320x550.png) ASIA • #### Meet the startups modernizing Kazakhstan's tech lands Kazakhstan's tech startups are revolutionizing infrastructure and services across the vast country, creating innovative solutions to modernize essential systems despite formidable geographic challenges. 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Feb. 27, 2025 ](https://www.seedstars.com/content-hub/life/tajikistan-is-building-its-digital-foundations/) [ ![How Belarusian tech talent is reshaping Eastern Europe's digital future](https://seedstars-com.s3.amazonaws.com/images/100225lifebelarusarticle.max-320x550.png) CENTRAL AND EASTERN EUROPE • #### How Belarusian tech talent is reshaping Eastern Europe's digital future Discover how Belarusian tech companies' migration to Poland and Lithuania is creating new innovation hubs and transforming Eastern Europe's digital landscape with global ambitions. Feb. 10, 2025 ](https://www.seedstars.com/content-hub/life/how-belarusian-tech-talent-reshaping-eastern-europes-digital-future/) [ ![How Moldova is building its tech hub](https://seedstars-com.s3.amazonaws.com/images/thumbnailmoldova070225.max-320x550.png) CENTRAL AND EASTERN EUROPE • #### How Moldova is building its tech hub Moldova emerges as a pragmatic tech hub, with local startups solving real-world problems through practical innovation. Learn how its strategic location and incentives are attracting tech talent. Feb. 07, 2025 ](https://www.seedstars.com/cares/how-moldova-building-its-tech-hub/) [ ![Beyond the Valley](https://seedstars-com.s3.amazonaws.com/images/lifearticle050225thumb.max-320x550.png) GLOBAL • #### Beyond the Valley Discover the hidden tech ecosystems of Eastern Europe and Central Asia, where entrepreneurs are building crucial solutions that transform how millions live and work. Feb. 05, 2025 ](https://www.seedstars.com/content-hub/life/beyond-valley/) [ ![iGravity and Seedstars Join Forces to Manage the SECO Startup Fund](https://seedstars-com.s3.amazonaws.com/images/article310125_thumbnail.max-320x550.png) GLOBAL • #### iGravity and Seedstars Join Forces to Manage the SECO Startup Fund iGravity and Seedstars are proud to announce their engagement as managers of the SECO Startup Fund (SSF), marking the beginning of an exciting new chapter for the initiative Jan. 31, 2025 ](https://www.seedstars.com/content-hub/newsroom/igravity-and-seedstars-join-forces-manage-seco-startup-fund/) [ ![Africa Investment Forum 2024 Market Days: Seedstars Africa Ventures I announces $42m first close](https://seedstars-com.s3.amazonaws.com/images/article6122thumbnail.max-320x550.png) GLOBAL • #### Africa Investment Forum 2024 Market Days: Seedstars Africa Ventures I announces $42m first close Seedstars Africa Ventures I, a venture capital fund making early-stage investments in highly scalable start-ups in Africa, has achieved a first close of $42 million, with participation from the African Development Bank, EIB Global with the support of Dec. 06, 2024 ](https://www.seedstars.com/content-hub/newsroom/africa-investment-forum-2024-market-days-seedstars-africa-ventures-i-announces-42m-first-close/) [ ![Seedstars and Visa Foundation announce first cohort of SEED Inclusivity Program supporting entrepren](https://seedstars-com.s3.amazonaws.com/images/51224_thumbnailphoto.max-320x550.png) GLOBAL • #### Seedstars and Visa Foundation announce first cohort of SEED Inclusivity Program supporting entrepreneurs with disabilities in Asia Seedstars and Visa Foundation select 15 innovative disability-focused startups across Asia for SEED Inclusivity Program, supporting entrepreneurs with disabilities and assistive tech. Dec. 05, 2024 ](https://www.seedstars.com/content-hub/newsroom/seedstars-and-visa-foundation-announce-first-cohort-seed-inclusivity-program-supporting-entrepreneurs-disabilities-asia/) [ ![Financial Solutions for Migrant Women Report 2024](https://seedstars-com.s3.amazonaws.com/images/report20241911seedstrarsthumbnail.max-320x550.png) GLOBAL • OTHER #### Financial Solutions for Migrant Women Report 2024 With nearly half of the world's 280 million international migrants being women, their financial inclusion represents both a crucial development challenge and a significant market opportunity Nov. 19, 2024 ](https://www.seedstars.com/content-hub/insights/financial-solutions-for-migran-women-report-2024/) --- ## Sitemap - [Sitemap](https://www.seedstars.com/sitemap.md): every public page on this site - [llms.txt](https://www.seedstars.com/llms.txt): what Seedstars does and where to start