Boulder Startup Week 2020 Boulder Startup Week 2020

Friday, May 15, 2020

Extend Your Runway: Conserve Cash in a Time of Crisis - Prerecorded
Verity Noble
Verity Noble
Simple Startup, Fun Manager
Seth Levine
Seth Levine
Foundry Group, Managing Partner

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Even before COVID-19 hit, American businesses averaged less than 28 days of cash-on-hand. More than ever, our recovery will depend on businesses and entire supply chains surviving through better cash flow management and being able to navigate the CARES Act and the Paycheck Protection Program. Our expert panel will discuss credible pro bono resources and accessible strategies for every company to have in place in order to keep our economy together. Confirmed panelists include:Seth Levine, Foundry Group
Lorne Noble, Simple Startup
Lew Visscher, Lew’s List
Ali Watkins, BizWest

Panelists will discuss actionable cash flow management strategies and pro bono resources available to companies, including the COVID-19 Finance Assistance Network--a growing national movement that provides pro bono financial services from experienced CFOs, controllers and senior finance professionals to help businesses survive. Pro bono services include assistance with accessing and navigating portions of the CARES Act, developing unique strategies to improve and extend cash flow, tax planning, avoiding scams and more. Partners in the network include the Foundry Group, High Plains Advisors and Lew’s List. Colorado-based Simple Startup will also discuss resources dedicated to helping companies impacted by COVID-19 make informed business decisions through better cash flow management. They specialize in growth-focused bookkeeping, investor-ready accounting, fractional CFO services and online startup finance education.