May 17, 2018
New report looks at the challenges facing female entrepreneurs
Investment in female-led businesses has fallen, according to a new report from The Female Founders Forum, which shines a light on the world of female entrepreneurship. Research carried out as part of the Mentoring Matters report found that the proportion invested in businesses with at least one female founder decreased from 14.9% in 2016, to 8.5% in 2017, prompting many to ask - what has gone wrong?
But the report isn’t without its positive side, also revealing that the highest amount raised by a company with at least one female founder almost tripled in 2017 compared with 2016; that was Monica Kalia, Co-founder of Neyber, which raised £143.5m. In addition, the total number of recorded deals for companies with at least one female founder also increased from 775 to 901 between 2016 and 2017. So, not all bad news.
Mentoring Matters is also a rallying cry for the business world and the media to do more to encourage female founders, by promoting more female role models and encouraging mentoring. The report includes a selection of interviews with some truly inspirational female founders, asking their top tips on leadership, innovation, mentoring and pitching. So, it’s well worth a read!