Co-funded by the European Union
Private Sector Contribution to the Crisis
Newsletter July, 2020

Telefónica Spain invests in SMEs

July, 2020
  • The company participates in the digitalisation of SMEs and provide some advanced payment to its small and medium size suppliers

Mastercard new initiative in support of SMEs

July, 2020
  • Mastercard commits USD 250 million for financial, technology, product and insight assets support in US and other countries.
  • Additional USD 33 million will be given to reboot Indian SMEs, especially on business digitalisation and access to finance.
Newsletter July, 2020

French energy Group covered Covid-19 hospitalization costs for its employees worldwide

July, 2020
  • ENGIE Group anticipated part of its ENGIE CARE programme for social protection;
  • It mobilised important funding to ensure payment of its suppliers, SMEs and micro enterprises;
  • Adopted a 15% pay cut of managers policy.
Newsletter May, 2020

American Staffing Industry and Retail Industry Team up

May, 2020
  • Two key industries help placement of workers during the Covid-19 pandemic

Australia: Jobs Finder Programme for Connecting Employment Agencies and Job Seekers

May, 2020
  • The Recruitment, Consulting and Staffing Association (RCSA) finalised a partnership with the State of Queensland (Australia) to connect professional recruitment and staffing agencies with job seekers during the Covid-19 pandemic. 
  • The Jobs Finder Programme rewards employment agencies that manage to place job seekers into high priority areas.

Italian Energy Companies and Trade Unions Develop an “Holiday Bank” System to Avoid a Suspension of Work

May, 2020
  • Employees can donate their hours of work to a “holiday bank” to distribute among other employees.

Indian Business Association and an Online Education Company Join Forces to Combat Covid-19

May, 2020
  • The Federation of Indian Chamber of Commerce and Industry (FICCI), in collaboration with a private online education company (Medavarsity) and Nathealth (the health industry body), launched a free training course on Covid-19 understanding and management.

Chinese Private Employment Services Contribute to the “Employees Sharing Schemes”

May, 2020
  • Private sector in China developed an “Employees Sharing Scheme” to transfer temporarily suspended employees to companies of the sector most in need.