Funding Challenges for Women Entrepreneurs
Amidst US President Trump’s halt on diversity policies, investors advocate for mandatory reporting to increase female entrepreneurial funding. Currently, only 2-4% of venture capital supports all-female start-ups, as highlighted by entrepreneur Jessica Box, who recently raised $500,000 for her app, Matched. Data reveals just 2% of $4 billion in Australian funding went to all-female firms. Kate Glazebrook from Blackbird Ventures emphasizes the need for a shift in investment perspectives, while Rachel Yang from Giant Leap points to gender imbalances in investment teams. Marisa Warren calls for mandatory diversity reporting in Australia to promote gender equity in funding.