Technology News

Report Shows Fewer Women Obtain Venture Capital

Tuesday, February 13, 2007 7:30:00 AM PDT | VentureDeal Staff

WASHINGTON – A report to be published in the spring states that fewer women receive venture capital investment because fewer seek it out.

The report, by Washington State University and the University of New Hampshire’s Whittemore School of Business and Economics, also showed that the percentage of women-submitted business plans that were accepted were roughly the same as men’s, 13.3 percent compared to 14.7 percent.

There are support organizations that help women get into the funding “funnel.”  The Women’s Technology Cluster based in San Francisco is one.  The cluster runs an incubator program that prepares an early-stage women-led company for the funding process.

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