News

November 1, 2016

On Wednesday, IFundWomen officially launched its crowdfunding platform. The new portal is dedicated to women-led businesses and creative ideas that are created by women. The funding website’s mission is to help drive funding towards female entrepreneur and close the gender funding gap in venture capital. It was revealed:

“The number of women-owned businesses grew 30% from 2007-2012, which means that women are majority owners in roughly 36% of all US businesses.  Despite these amazing gains, women still only receive 2-6% of venture capital funding. Female entrepreneurs need to be scrappier and work harder than our male counterparts to get funded. We create companies with 50% less capital. We want to change that.” Read more here.

 

October 27, 2016

Women-owned businesses in the U.S. are growing – and fast. According to the 2016 State of Women-Owned Businesses report, there are more than 11.3 million businesses owned by women entrepreneurs. Analysts delved into data about 381 metropolitan statistical areas, including economic growth, unemployment and education rates, to rank the Top Places for Women Entrepreneurs. Read more here.

October 27, 2016

In Nicaragua, bureaucracy and machismo limit women entrepreneurs from growing their businesses. Although Nicaragua has been lauded for recent efforts to improve gender equality, women entrepreneurs in Nicaragua still face far more challenges to running successful businesses than their male counterparts. To find alternatives, groups like REN are working to promote policies that would improve women’s access to credit. Nicaragua’s legislature has already discussed a bill to allow small business owners to use their car or machinery as a guarantee for a loan, though the legislation has stalled. A proposed reform to an existing law would allow trade associations to create funds for guarantees, but it has yet to be approved. Read more here

 
October 5, 2016

This letter was first published in “Dear Female Founder” edited by Lu Li: "I am delighted to be one of 66 Female Founders sharing our entrepreneurial wisdom to inspire other women entrepreneurs. Together we have raised over $85 million in investment, generated over $1 billion in revenue and created over 2000 jobs. I think it’s important to amplify our voices, as change-makers and creators of economic and social value." Read more here.

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