According to the Center for Women’s Business Research, women own 50% or more of 10.4 million businesses and about 41% of all privately held companies. Out of that large number, only 3% to 5% receive venture capital funding.
A great forum that women business owners should know about is co-hosted by Springboard Enterprises and The Paley Center for Media and aims to improve and even the playing field in the investing community for women.
In its ninth year, Springboard has helped 360 women led companies receive over $4 billion.
How can you miss 10.4 million businesses? What an unbelievable misstep by the investing community.
To read more about Springboard’s program and the article from BusinessWeek click here.