Minding the Gender Gap in Tech Funding
These are exciting times for female tech entrepreneurs in Canada.
The Business Development Bank of Canada is investing $200-million in women-led technology companies, through its Women in Technology Fund. Venture capital fund Disruption Ventures has set its sights on female-led startups. And StandUp Ventures also invests only in women-led companies — primarily in tech.
Yet female tech entrepreneurs still face systemic inequities when raising capital. This despite research showing that investments in companies with at least one female founder outperformed those in all-male teams — by 63%.
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