As start-up jobs dip, now is the time to support our venture businesses more than ever before.

It’s an ominous time for start-ups as 2020 creeps towards its midpoint.

To try and describe the current situation that start-ups exist in would no doubt be walking on already firmly trodden ground, as both the news cycle and the industry itself have already painted a rather grim picture of current events.

Instead, perhaps the situation can be surmised with the opening line of the American National Venture Capital Association’s most recent special report on the effects of Coronavirus.

“Fasten your seatbelts, it’s going to be a bumpy ride.”

And as venture spending slows down, private funding cuts are costing new startups their chance at making a difference.

Many ideas that amazing start-ups have been built on are put under the pressure of an expiration date. Change is inevitable, that much remains true even in the unprecedented circumstances we now find the world in, and this can mean that yesterdays ideas can quickly fall by the wayside.

Without venture capital spending many potentially amazing ventures are simply being lost in the fold, shelved until ‘better times’ and forgotten about in favour of more traditional methods of innovation.

But it’s not just start-ups in the present that are suffering, as Coronavirus threatens future endeavours as well.

There exists, as always in a professional sphere, the possibility that more than just ideas and capital are lost when an industry experiences a downturn.

For start-ups, it is without a doubt the loss of skilled professionals that poses the biggest risk to our venture future.

In this respect, we can’t afford to not have skilled employees transitioning out of traditional workplaces and into the start-up industry.

The perceived instability of start-ups, although largely blown out of proportion, has become a focal point during this global pandemic. Those who may have intended to join the start-up workforce, or those who have unfortunately lost their start-up jobs may never return to…