Surveys Show Startups Need Immediate Assistance

Surveys Show Startups Need Immediate Assistance

TLDR: Surveys conducted by Engine and other entrepreneurial organizations show that U.S. startups need further economic relief to sustain their operations in the midst of the coronavirus pandemic. Almost two-thirds of respondents to our survey said their startups are in need of emergency financial support, even as entrepreneurs told us they are still seeking certainty that they will be eligible to apply for existing government programs.

Startup News Digest 04/10/20

Startup News Digest 04/10/20

The Big Story: Privacy, big data, and COVID-19. As federal officials, tech companies, and researchers are using data to help identify and track viral transmissions and coronavirus hotspots, policymakers and advocates are raising concerns about the collection and use of potentially sensitive data. This week, the Senate Commerce Committee held a paper hearing to examine how anonymized and aggregated data is being used to combat the spread of COVID-19.

#StartupsEverywhere: New Smyrna Beach, Fla.

#StartupsEverywhere: New Smyrna Beach, Fla.

Capice, a Florida-based AI startup that uses deep learning to analyze data, is helping companies of all sizes quickly generate predictive outcomes from a variety of sources—including audio, image, spreadsheets, and text. But the startup also recently announced that it is offering medical researchers free access to its deep learning network to help combat the spread of COVID-19. We recently spoke with Capice’s CEO, Gordon McDonald, to learn more about how the startup’s deep learning platform works, and the firm’s decision to open up its platform to coronavirus researchers.

Startups Changing Their Business Models in Response to COVID-19

Startups Changing Their Business Models in Response to COVID-19

As Americans struggle to cope with the COVID-19 pandemic, hundreds of startups all across the country are leveraging their tools, resources, and services to aid medical researchers and businesses in need of immediate assistance. Engine spoke with four entrepreneurs who pivoted their business practices to better support those affected by the ongoing pandemic. This is the first post in a series on startups and entrepreneurs who are responding to the COVID-19 pandemic.

IP Recap - 04/09/20

IP Recap - 04/09/20

During these unprecedented times, the U.S. Court of Appeals for the Federal Circuit is one of the many institutions taking steps to avoid the spread of COVID-19: shifting to telephonic proceedings, releasing live audio of oral arguments, restricting in-person access to court buildings, and modifying operations. But the court is continuing its work, issuing new opinions every day.

SBA’s Affiliation Rules Still Unclear for VC-Backed Startups

SBA’s Affiliation Rules Still Unclear for VC-Backed Startups

TLDR: The startup community is still waiting for clarity about whether venture capital-backed startups are eligible for small business loans included in the $2 trillion Coronavirus Aid, Relief, and Economic Security (CARES) Act, despite suggestions by federal officials that the issue would be addressed shortly. To better understand the relationship between economic relief efforts and startups, we are asking companies to fill out a brief survey here to help determine how the government can clarify existing rules—such as the SBA’s affiliation rules—to better protect the nation’s startup ecosystem.

Startup News Digest 04/03/20

Startup News Digest 04/03/20

The Big Story: Treasury Department reportedly clarifying rules for VC-backed startups. House Minority Leader Kevin McCarthy (R-Calif.) told Axios yesterday that Treasury Secretary Steven Mnuchin is preparing to release guidance in the next few days, easing the rules around venture capital-backed startups and eligibility for small business loans included in the mammoth Coronavirus Aid, Relief, and Economic Security (CARES) Act. Applicants can start applying for those loans today, but there were concerns that existing Small Business Administration rules would have precluded many startups from applying. 

#StartupsEverywhere: San Francisco, Calif.

#StartupsEverywhere: San Francisco, Calif.

Founded in San Francisco in 2015, mobility startup Scoop Technologies has grown into the nation’s largest carpooling provider in the United States. Scoop works with employers and commuters to find carpooling solutions that take the stress and pressure out of commuting to and from work. We recently spoke with Charles Knuth, Scoop’s head of strategic research initiatives, and Lizzie Ryan, Scoop’s communications manager, to learn more about the company’s carpooling efforts, the San Francisco startup ecosystem, and their mobility-related policy concerns.

COVID-19 Resources for Startups

COVID-19 Resources for Startups

TLDR: COVID-19 has put unprecedented stress on global health systems and the economy, but a variety of public and private institutions are offering resources and developing tools to try and help businesses. We have compiled a list of resources on our website to help startups navigate these uncertain times—from guidance on protecting the health and safety of teams, to information about accessing federal economic relief.

Startup News Digest 03/27/20

Startup News Digest 03/27/20

The Big Story: As startup funding declines, stimulus offers some relief. With seed-stage investments disappearing as a result of the coronavirus pandemic, the $2 trillion stimulus package approved by the U.S. Senate this week offers some short-term relief for small businesses, entrepreneurs, and gig workers who are struggling as a result of the global economic downturn.  

#StartupsEverywhere: Boston, Mass.

#StartupsEverywhere: Boston, Mass.

Humanyze, a Boston-based analytics startup that developed out of the MIT Media Lab in 2011, is helping companies across the world gain a better understanding of their organizational health. With a privacy-first focus, the startup uses anonymized and aggregated enterprise data to help firms measure and comprehend how work gets done across their teams. We recently spoke with Ben Waber—Humanyze’s co-founder and president—to learn a little more about the startup’s work, goals, and policy concerns.

Startup News Digest 03/20/20

Startup News Digest 03/20/20

The Big Story: Websites working to combat COVID-19 misinformation. Large social media platforms warned this week that more user-generated content could be removed for policy violations as Internet companies increase their reliance on automated software to flag and remove harmful content in the midst of the COVID-19 pandemic. But despite the necessary move towards automated detection tools, online companies of all sizes are working to carefully balance concerns about their employees’ health with heightened efforts to combat the spread of false information, especially about the virus. 

#StartupsEverywhere: Wichita, Kansas

#StartupsEverywhere: Wichita, Kansas

Wichita—the birthplace of Pizza Hut and White Castle—has long been a hub of entrepreneurial activity in central Kansas. One of the exciting tech startups that calls the Emerald City home is Quicc, a video transcription tool that lets video creators easily caption their content. We recently spoke with Jason Toevs—Quicc’s founder and CTO—to learn more about the platform’s video captioning tool, Wichita’s startup community, and how the company is working to protect user data across the world.

Engine asks Supreme Court to correct imbalance in patent review and appeal process

Engine asks Supreme Court to correct imbalance in patent review and appeal process

Engine, Unified Patents, CableLabs, The Niskanen Center, and The R Street Institute filed an amicus brief with the U.S. Supreme Court this week in support of General Electric’s request that the Court consider whether competitors may bring patent validity disputes to the patent office and patent appeals court.

Startup News Digest 03/13/20

Startup News Digest 03/13/20

The Big Story: UK to start charging digital services tax. The United Kingdom is moving forward with a two percent digital services tax on Internet companies that have a global revenue of more than $648 million, at least $32.4 million of which comes from UK users. The new levy—which is set to go into effect in three weeks—comes after other countries proposed similar taxes, but delayed implementation of their measures in order to allow the Organisation for Economic Co-operation and Development (OECD) time to reach an agreement on a global tech tax.