IT By Design (ITBD), a market leader for providing engineering talent to IT service providers, has announced it will be giving back more than $200,000 to the MSP community as part of its new program, ReBuild IT. Geared to help struggling small MSPs hasten their recovery from the impact of COVID 19 pandemic as the country returns to work, the program will be open to MSPs with fewer than 50 employees who realized a 10% or higher revenue loss in the first half of 2020 due to the shutdown.
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The ReBuild IT program, a cost-forgiveness system, will enable MSPs that were forced to reduce their payroll burden ramp back up for business more quickly. While MSPs are undoubtedly excited to return to work and to help their clients’ reboot—that effort will demand a high volume of tech support. Those MSPs who are already struggling with cash flow may find it difficult to re-staff fast enough.
“We understand that many MSPs are in a precarious position. They need to help their customers race back to normal business, migrating back from WFH to full office operations. But that can mean reconfiguring offices, reworking networks, security data in motion, and more. Now is not the time for your tools or your customer experience to fail as your MSP tries to manage every businesses’ hasty migration back to brick-and-mortar operations,” said Sunny Kaila, CEO and founder of ITBD. “This program helps MSPs get experienced talent quickly into place to support that ramp up into recovery and prevent the customer experience failures that can prove fatal for MSPs. We understand the goal of every MSP is to return their full team to work, but that simply may not be financially feasible right now. We are hoping this program will help bridge that gap through the end of 2020 as we all get back on our feet.”
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