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November 1, 2016

On Wednesday, IFundWomen officially launched its crowdfunding platform. The new portal is dedicated to women-led businesses and creative ideas that are created by women. The funding website’s mission is to help drive funding towards female entrepreneur and close the gender funding gap in venture capital. It was revealed:

“The number of women-owned businesses grew 30% from 2007-2012, which means that women are majority owners in roughly 36% of all US businesses.  Despite these amazing gains, women still only receive 2-6% of venture capital funding. Female entrepreneurs need to be scrappier and work harder than our male counterparts to get funded. We create companies with 50% less capital. We want to change that.” Read more here.

 

Latest News

November 15, 2016

For women who face disadvantages in climbing the corporate ladder, entrepreneurship is a potential way for them to meet their potential. But even then, women still face gender-related constraints when starting a business, according to a study by the Asia-Pacific Economic Cooperation. Laws that restrict women's access to financing is one key barrier for female owners of small and medium enterprises, according to the study. “Restrictive inheritance laws are a good example of this type of barrier. The practical effect is that these laws prevent women from using land as collateral when applying for loans,” said Carlos Kuriyama, senior analyst at APEC’s policy support unit and a co-author of the study. “In some economies, women are unable to apply for credit without authorization from their husbands.” Read more here.

November 14, 2016

When the media talks about women in tech and in the startup world, the focus is often on the negative. We read about how much progress we still need to make towards gender parity in leadership, and widespread discrimination against female developers. High-profile lawsuits from women like Ellen Pao put a spotlight on an unwelcoming culture that sounds more like a throwback to the 1950s than the industry that is supposed to be leading us into the future. Read more here.