All entrepreneurs face multiple challenges when starting up a new business. But research has shown that female entrepreneurs face additional challenges to male founders with start-ups.
The Rose Review
The Rose Review found that women are less likely than men to pursue entrepreneurship at every stage of the start up journey and recent research by the British Business Bank in collaboration with Diversity VC and the BVCA showed that when they come to raise venture finance, a disproportionate percentage of money invested goes for all male founding teams.
In response to the Rose Review findings, we launched the #LeadHers campaign in April 2019 with overwhelming support from professionals across our network. At our launch event we heard from an impressive panel of speakers about the challenges female founders face, exploring why investors seem to invest more readily in male-led businesses and considering what pro-active steps we can collectively take to encourage more diversity within the male dominated tech start up environment.
Female Entrepreneurs Report
Since launching this campaign, we have continued to support Female Founders in Tech and were proud to be included in The Female Entrepreneurs Report with Beauhurst and Newable which was published at the start of 2020. This report explores gender diversity across the UK’s high-growth ecosystem, highlighting key trends amongst, and disparities between, all-female, mixed gender and all male founding teams.
CMS Corporate Partner, Katie Nagy de Nagybaczon, contributed to this report and talks about her passion for supporting female founders through the #LeadHers campaign.
You can read the Female Entrepreneurs report by visiting the Beauhurst website to find out more about investment and opportunities in female-founded companies.
To join the conversation about female entrepreneurs, follow updates about the #LeadHers campaign and other CMS start-ups initiatives via CMS equip on Twitter.
For further information on the #LeadHers campaign, please contact Sarah Wright or Katie Nagy de Nagybaczon.