Shortly after the pandemic struck – in spring 2020 – Danske Bank asked startup companies on our recruitment platform, The Hubb, about their future prospects. Many startups feared for their very existence because of COVID-19 – falling sales, capital becoming more difficult to access and worries they would have to lay off staff were mentioned.
Fortunately, the reality has proved to be rather different. Current figures from The Hubb show that startups have been good at holding onto staff (index 112), especially companies focused on sustainability – where both investment and competence levels have increased significantly, while they have also been very good at attracting new employees.
Startups with international ambitions thriving despite COVID-19
Some feared the pandemic would put a stopper to promoting Danish businesses internationally. But what has actually happened? We surveyed some of the companies participating in the internationalisation programme Canute, which is run by Danske Bank and its partners.