A sizable share of small to medium-sized businesses have failed or don’t see a path forward because of the pandemic. But a Philadelphia group is advancing a “Regenerator” concept for SMBs, while Cincinnati already has a similar type of organization called Cintrifuse. And in startups, former Stitch Fix COO Julie Bornstein is behind a new women’s fashion site called The Yes. All this, Today in Data.
600: Minimum number of startups for which Cintrifuse has raised capital.
150: Minimum number of leading brands The Yes will carry at launch.
$90M: Minimum amount of capital Cintrifuse has raised for startups.
$30M: Amount that The Yes has raised pre-launch.
6%: Share of SMBs that report applying for private-sector grants for capital support.