Now more than ever, savvy capital allocation is vital to the survival of nascent enterprises–especially those without any capacity to absorb temporary gluts; and who’s networking abilities are hampered by reduced commerce.
The connectivity now afforded by Smartphone apps, data analytics, and cloud-computing provides amazing new ways to find and help struggling companies in ways we never thought possible. In the wake of the pandemic-induced economic downturn, it has become all-the-more urgent to marshal the best technological resources to solve problems, and allocate limited resources quickly and effectively. SickCompany has created an incredible way to facilitate the resurgence of faltering enterprises. This is accomplished by helping them connect with investors ready to provide capital infusions; while helping investors find worthy enterprises in need of a capital infusion to stay afloat.
Particularly vulnerable are businesses that are highly susceptible to down-turns in local (physical) customer traffic, that have limited cash-flow, and/or that are already strapped for capital. Using AI technology, cloud computing, and the IoT (Internet of Things), it is able to connect investors to worthy enterprises that are in desperate need of a leg up during this trying economic period. Such networking is important under normal circumstances; but these connections have become all-the-more imperative during a protracted economic downturn.