Study on the impact of Covid-19 on Energy and Environment Startups

In May 2020, the Swiss Environment & Energy Innovation Monitor conducted a survey with 125 Swiss #startups in this sector on the impacts of the #corona pandemic. Here are some highlights:

📊 While 72% of the startups were negatively hit by the effects of the pandemic. 28% experienced no effect or even benefits from increased demand.

🗺️ The impacts differed by regions. While about 68% of startups in German-speaking Switzerland experienced a negative impact, all responding startups from Italian-speaking Switzerland experienced challenges.

⌛ A majority of the startups however think that the impact will only be short-term (3 to 6 months)

📉 Startups with public authorities as a customer segment are more affected by COVID−19, compared to the ones that do not, as projects were put on hold as focus moved towards the pandemic.

🤝42% of respondents are experiencing challenges raising money from investors, as uncertainty in current and future investments prevail.

Access the full factsheet here: http://ow.ly/ndQC50AYfZA

About the Swiss Environment & Energy Innovation Monitor:
The Swiss Environment & Energy Innovation Monitor provides information on active companies and innovative projects in the environment and energy business sectors. Search for innovations in the database and stay informed with regular news about support opportunities and networking events.

If you are an innovative Swiss startup, project or SME in the environment or energy sector, you can join the Monitor by entering your data.

https://www.innovation-monitor.ch/

Schlagwörter: corona, covid19, impact, pandemic, study

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