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In the area of capital, studies find that women do not get sufficient access to loans and venture capital. Women owners start with almost half of the financial capital than men owners and raises less money when businesses grow.*On average, men start their businesses with nearly twice as much capital as women ($135,000 vs. $75,000). This disparity is slightly larger among firms with high-growth potential ($320,000 vs. $150,000), and much larger in the Top 25 firms ($1.3 million vs. $210,000).(“Top 25”: the largest 25 firms for each gender, as measured by employment.)(Resource:[https://www.nwbc.gov/sites/default/files/Access%20to%20Capital%20by%20High%20Growth%20Women-Owned%20Businesses%20(Robb)%20-%20Final%20Draft.pdf Access to Capital by High-Growth Women-Owned Businesses]published by National Women’s Business Council in 2013.)[[Image:Women_access_to_capital.jpg|frame|Histogram of start capital by gender]]
Challenges Women Entrepreneurs Face (Wiki Page) (view source)
Revision as of 16:42, 9 June 2016
, 16:42, 9 June 2016no edit summary
[[category:McNair Projects]]
Challenges Women Entrepreneurs Face Although women-owned businesses are the fastest growing segment in the US economy, there are some significant obstacles that women entrepreneurs have to face, especially those pursuing a hihg-growth pathway. =Limited Access to Capital=Barriers In the area of capital, studies find that women do not get sufficient access to loans and venture capital. Women Entrepreneurshipowners start with almost half of the financial capital than men owners and raises less money when businesses grow. According to a report published by National Women’s Business Council,On average, men start their businesses with nearly twice as much capital as women ($135,000 vs. $75,000). This disparity is slightly larger among firms with high-growth potential ($320,000 vs. $150,000), and much larger in the Top 25 firms ($1.3 million vs. $210,000), where “Top 25” represents the largest 25 firms for each gender, as measured by employment[https://www.nwbc.gov/sites/default/files/Access%20to%20Capital%20by%20High%20Growth%20Women-Owned%20Businesses%20(Robb)%20-%20Final%20Draft.pdf]. [[Image:Women_access_to_capital.jpg|frame|Histogram of start capital by gender]] =Lack of Mentorship= =Work-life Balance=
==The Problem==
*Women account for only 16 percent of conventional small business loans and 17 percent SBA loans, even though they represent 30 percent of small firms.
*Of conventional small business loans, women only account for 4.4 percent of total dollar value of loans from all sources. In other words, just $1 of every $23 in conventional small business loans goes to a woman-owned business.
