Women Entrepreneurs: Yes, You Are Underserved

Gender diversity begets more gender diversity. In order for women-led and women-owned companies to receive greater funding, gender- diverse investors are required.

ICYMI: Harvard Business Review (HBR) kicked the gender-bias in venture capital hornet's nest in its recently published article "We Recorded VCs' Conversations And Analyzed How Differently They Talk About Female Entrepreneurs." Between 2009-2010, researchers were given access to125 government venture capital decision-making meetings in Sweden and observed a whole lot of gendered discourse.

Read the HBR article for the full "he said/she said" discussion. Here, let's focus on this: governments are venture capitalists and quite significant ones, too.

As the HBR article points out: between 2007-2013, government venture capitalists in the European Union allocated 3,621,000,000 Euros to finance innovation and growth in small and medium-size businesses. While the article focuses on the gendered-discourse the researchers silently observed in the 125 meetings, it slides this in, in the last paragraph:

"Because the purpose of government venture capital is to use tax money to stimulate grown and value creation for society as a whole, gender bias presents the risk that the money isn't being invested in businesses that have the highest potential. This isn't only damaging for women entrepreneurs; it's potentially damaging for society as a whole." Read more

Kelly Hoey - Inc. - 21 May 2017

Comments

We welcome relevant, respectful comments.
Please read our Comment Policy before commenting.
We also welcome direct feedback via Contact Us.
You may also want to ask our librarians.

Be the first to write a comment