Female FoundersGender EqualityVenture Capital

Women still have a venture capital problem. This is how we actually fund female entrepreneurs.

By August 30, 2021December 5th, 2023No Comments

In building Garden District Ventures, we have elevated diversity, gender equality, and ESG to the forefront of our screening process when considering prospective investments and their founding teams. It is a step in the right direction that increased attention is being focused on female founders, but 2.3% of total VC funding is still far too little. This piece from Fast Company outlines some of the continuing challenges across the industry.

According to the Kauffman Foundation, nearly 40% of U.S. companies are owned and operated by women—some 12.3 million companies—and these companies generate an economic impact of $1.9 trillion each year.

Globally, Spain leads the pack in female-led companies at an equivalency of 9:10 compared to their male counterparts, and here in Southeast Asia, nearly 30% of Vietnamese companies are female-founded and managed.

The Women’s Entrepreneurship Report, produced by the Global Entrepreneurship Monitor and London Business School provides a wealth of knowledge and is available for download here.