• Minyahil Assefa
• DR. Yadavilli Jagannadha Rao

Relatively, small businesses have less liquidity and risk management capacity than large businesses. As such, they are more vulnerable for COVID-19 lockdown restriction impacts. Moreover, the failure of small business may escalated into the entire economic collapse. Thereby, saving this sector can stabilize the impact of COVID-19 on economic as well as social crisis. In this regards, the study focused on the designing of financial supporting schemes that can prevent small business from failure in Ethiopia. Based on other countries experiences and review of literatures, four important component of financial supporting schemes were identified. They are COVID-19 based special loan to cover salary, rent, and other fixed cost; suspension of interest and principal payments; exemption of tax payment and social contribution; and loosening of financial requirements.

COVID-19, Financial Model, Small businesses survival, PMIRMA model, Ethiopia

"Financial supporting mode for Small Businesses to coup with COVID-19 lockdown restriction", International Journal of Emerging Technologies and Innovative Research (www.jetir.org), ISSN:2349-5162, Vol.7, Issue 10, page no.496-506, October-2020, Available :http://www.jetir.org/papers/JETIR2010058.pdf

"Financial supporting mode for Small Businesses to coup with COVID-19 lockdown restriction", International Journal of Emerging Technologies and Innovative Research (www.jetir.org | UGC and issn Approved), ISSN:2349-5162, Vol.7, Issue 10, page no. pp496-506, October-2020, Available at : http://www.jetir.org/papers/JETIR2010058.pdf