Finland's Slush drops November startup occasion due coronavirus. 

HELSINKI (Reuters) - Finland's biggest tech occasion Slush, which was booked for November 2020, said on Monday it has chosen to drop the gathering because of the spread of the new coronavirus.

Established in 2008, Slush, which gets its name from the commonplace Finnish climate late in the year, has developed into the biggest startup occasion in Northern Europe, assembling around 20,000 individuals to Helsinki in November or December.

"It would have been untrustworthy to neglect the conceivable money related consequences not exclusively to Slush, yet additionally to our accomplices, merchants, and guests, (for the situation that we) had to drop the occasion nearer to November," Slush Chief Executive Miika Huttunen said in an announcement.

Slush, which is a gathering place for new businesses and financial speculators, said it was chipping away at elective approaches to interface new companies with speculators and to encourage their joint effort with partnerships.

"Because of the COVID-19 pandemic, new companies are currently confronting phenomenal difficulties, and help is required maybe like never before," Huttunen said.