Fair Financing
Female entrepreneurs are still working for it.
The numbers are in: Women head 38 percent of U.S. businesses yet
receive less than 10 percent of the equity capital invested in
American firms. A National Foundation for Women Business Owners
(NFWBO) study, which surveyed professional, corporate and
bank-affiliated investors, as well as female entrepreneurs, found
that firms led by women constituted 9 percent of all institutional
investment deals and received only 2.3 percent of all institutional
investment dollars.
VentureOne's quarterly survey of venture-backed companies
with women in top management found that in the first half of 2000,
6 percent of venture-backed firms had female CEOs.
Faced with evidence that women get the short end of the equity
capital stick, some prominent advocates for women in business offer
possible solutions.
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