Economic Downturn

For startups, the challenges posed by the COVID crisis and the subsequent economic downturn will likely have long-lasting effects, and require rethinking business models, customer relationships, market channels, as well as resourcing and staffing models. Below are tools to help businesses assess their ability to adapt and stay resilient to changing external factors.

Social Distancing

The transition to remote work has created a number of new challenges for both companies and professionals alike. This includes maintaining team connectedness and engagement, sharing information, tracking projects and milestones, and keeping up morale. Facebook employees are facing similar challenges and have developed resources to support individuals and teams during this time.

Well-being

The mental and emotional effects related to COVID-19 are still being studied by the WHO and other organizations, but it is clear that many are feeling stress and anxiety under these new conditions. As the CDC states, everyone reacts differently to stressful situations, and it’s completely normal to have those feelings of stress and anxiety given the current climate. Facebook has considered the wide-ranging implications of COVID-19 and wants to connect our partners to helpful resources that address mental and emotional stress. We encourage startups to also explore financial packages and support from your local governments.

Facebook has a unique role to play —through friendships on the site— in connecting people in distress with people who can offer support. Whether you’re worried about someone you know or you're struggling on your own, we hope Facebook can help through our recommended crisis hotlines.

Our Community

We are proud to highlight inspiring stories of startups in our global community that are making a positive impact in response to COVID-19. Read more about alumni from our startup programs who have adapted their business strategies to navigate new business challenges.