An Investigation of Women-Led Firms and Venture Capital Investment

ByNWBC Council

An Investigation of Women-Led Firms and Venture Capital Investment

An Investigation of Women-Led Firms and Venture Capital Investment

This study on venture capital funding for women- and minority-led businesses confirms that despite the growth in equity investment, women and minority entrepreneurs still are receiving only a very small share of equity capital. Three possible reasons why such firms may receive less equity investment are: choice of industry, geographic location, and business size.

About the author

NWBC Council administrator

The National Women’s Business Council (NWBC) is a nonpartisan federal advisory council established to serve as an independent source of advice and policy recommendations to the President, the Congress, and the Administrator of the U.S. Small Business Administration on issues related to women’s business enterprise. The Council is comprised of eight small business owners from across the country, six representatives of national women’s business organizations, and one Chairperson, Liz Sara, who was recently appointed by President Donald J. Trump in August 2018.