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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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