The coronavirus has developed unparalleled amounts of uncertainty and threats all around the world. While the Covid-19 pandemic disturbs the financial environment, venture capital funds that have accelerator systems are now taking them online.

Sequoia India, which runs Surge, a push programme for start-ups in India and South East Asia, is going digital. All speaker sessions, meetings and deep dives between founders, speakers, mentors will be held remotely. According to Sequoia India, there will be no change in the contents and speakers of Surge. The workshops are structured to ensure that we continue to cultivate a sense of community and promote inter-geo cooperation between the founders.

Companies who are chosen to be part of the Surge system will receive 1 million USD to 2 million USD at the outset. This is typically a 16-week program that involves a combination of regional immersion weeks in China, India and the US. Some of the start-ups that were part of the last Surge version include Freewill, a personalized beauty care maker, and Brick & Bolt, an inexpensive design firm, among others. The curriculum ends on 13 April with a group of businesses from India, Singapore, Indonesia and Vietnam.

Apart from Sequoia, Y Combinator (YC) has also revealed that it is bringing its summer batch of 2020 online, as well as its YC20 Demo Day. Demo Day is the end of each cycle, where the chosen companies make presentations for an invited audience. Twice a year, YC spends 150,000 USD in a wide variety of start-ups. After the program, the entrepreneurs will travel to Silicon Valley for three months, where YC will meet with them to refine their investor pitches. For its previous batch, YC had picked approximately 28 firms. The Indian start-ups that have been part of the initiative include the payment firm Razorpay, the tax start-up ClearTax and the social trading company Meesho.

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