The Network

Explore

Resources

There is a lot of material going around regarding SVB, but Kauffman Fellows will be creating an ongoing list of resources we’re finding mosst helpful.

Want to add to the list? Email

kmease@kfp.org⁠

🔹Want to continue the dialogue?

Head to our slack channel.⁠

NEWS:

⁠

Joint Statement by the Department of the Treasury, Federal Reserve, and FDIC⁠

guaranteeing 100% of deposits.

Compilations of Resources

Resources for

opening new bank accounts, FDIC claims, and free legal advice⁠

SVB Updates + What to do if you’re affected -

https://svbupdates.super.site/⁠

SVB

Crisis Playbook for Founders⁠

Sifted’s list of

operational, financial, and legal advice/resources⁠

for founders

Access to Capital/Credit

Brex is offering an

emergency bridge credit⁠

line for SVB customers to meet their operational spending needs.

Debite is setting up an

emergency credit line⁠

for founders affected by SVB to meet their payroll and urgent requirements early next week in the UK.

Tranch

Emergency Credit Lines⁠

⁠

Arc is offering

bridge loans for payroll⁠

List of

funding solutions⁠

⁠

Fellows providing access to non-dilutive capital: Novel Capital co-founders Keith Harrington (Class 20) and Carlos Antequera (Class 23) have $115M in non-dilutive capital to provide to tech companies. Companies seeking non-dilutive capital of up to 40% of their revenue can register through the link below. They will receive a funding estimate within 24 hours. Feel free to reach out to Keith Harrington (

keith@novelcapital.com⁠

) with any questions.

https://novelcapital.com/products/⁠

Advice + Other Support

⁠

Venture Capital Statement of Support for SVB⁠

- VC Community

VM Cloud is offering an analysis of

how to reduce your cloud spend⁠

. Fee is waived for startups impacted by SVB.

How To

Claim FDIC Insurance⁠

For Lost Funds

Free

founder mental health support⁠

by Pioneer Mind

Free

unsecured bilateral loan agreement⁠

⁠

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