A new report from Ventureneer proposes that equity crowdfunding may be the variable needed for women entrepreneurs to break through barriers in starting and growing innovative companies.
According to the report, the number of women starting businesses has jumped dramatically from 2013 to 2o14. A growing number of women are choosing to launch or co-found a new business as opposed to joining the corporate scrum. Yet these women are 1/3 less likely to surpass the million dollar revenue mark in comparison to men. Access to capital is key to any business to survive and thrive. While traditional forms of finance have been dealt a serious blow from over-regulation, new forms of finance have moved in to fill the void. Crowdfunding, and its different variants, provides an efficient and effective method to raise funding – and consumer awareness.
The report notes that:
- Women have decision making power
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