Executive Summary: There are obvious problems facing entrepreneurs during the Covid-19 pandemic: surviving the loss of customers during the lockdown, dealing with the fallout to supply chains, and transitioning to remote or socially-distanced working among them. These problems are well recognized in the business media and have received support from the Government to help overcome them. But there are other challenges entrepreneurs are facing that are invisible: challenges for which businesses are less prepared because they have received less attention. Based on more than 190 interviews with high-growth entrepreneurs across the UK, this report highlights two such problems: (1) the freezing of entrepreneurial networks over the past year and (2) shifting sales funnels which risk increasing the cost of sales. If left unchecked, both problems will limit entrepreneurial growth and innovation for years to come. This report details what these problems are, how they will affect businesses right during the pandemic and into the future, and what actions entrepreneurs and members of the UK entrepreneurial ecosystem can take to help overcome these problems. ![[ERICC - The invisible problems hurting entrepreneurs.pdf]]