Efforts are being made in the private sector to shore up struggling enterprises, which are forced to attend to basic cash-flow needs (spec. overhead expenses like utilities, rent, and payroll). Tech companies in particular are now playing an integral role in funding enterprises in need of a leg up. Businesses need a way to connect with those willing and able to offer capital; and technology—from geo-tracking to cloud computing—offers some novel answers.
SickCompany provides exciting new ways of finding companies that are most in need of economic support. Sources of potential relief—be it public or private—need a mechanism for identifying enterprises that can most benefit from a capital infusion. New technology is crucial for orchestrating this task. The idea is to harness the formidable power of social-media and other online tech. SickCompany offers innovative ways to provide access to capital, while connecting capital sources with viable investment opportunities.