These are unprecedented times and we are all learning to manage through the rapidly changing global situation together. Our priority is keeping our entrepreneurs, employees, those we have invested in, and the struggling entrepreneurs who prior to this put it all on the line to chase a dream.At a time when social distancing plays a critical role in slowing the spread of COVID-19, many entrepreneurs and Start-Up executives are faced with sleepless nights over the grappling with the antagonizing questions of “will we make it thru” ” how do i pay my staff” “will i loose my home to my SBA loan” “maybe they were right along”As we continue to adapt our businesses in response to COVID-19, we want to share an update on our ongoing actions that will help ensure the continued commitment to our mission.
“We’re Committed to our Portfolio, Employees and the Start-Up Community” -Heather Montgomery, President & CEO for Venture Beyond Capital and Courtney Jordan HoldingsBeginning on 5 April 2020, Venture Beyond Capital, Courtney Jordan Holdings, and Courtney Jordan Foundation are jointly committing to £5,000,000.00 to the establishment of the “Entrepreneur Emergency Relief Fund” (EERF).The EERF will set aside £3.8 million strictly for all portfolio companies that are in need of emergency funds to cover payroll, production costs and immediate bills. These funds will be used for the immediate relief of any and all companies that have received investments from CJH or any subsidiary.The remaining £1.2 million will be exclusively used to provide aid to those entrepreneurs who are simply in need.The application to receive the funding will be available 17 April 2020.With Thought,Mandee Woodard, MBA
Executive Vice-President, Business Affairs
Venture Beyond Capital & Courtney Jordan HoldingsMackenzie Robinson, MBA
Executive Vice-President, Philanthropy and Corporate Citizenship
Venture Beyond Capital & Courtney Jordan HoldingsNoah Burch
Courtney Jordan Foundation