NWBC to Address Venture Capital Gender Gap

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The National Women’s Business Council (NWBC)—a non-partisan federal advisory council that advises the President, Congress and the U.S. Small Business Administration on economic issues regarding women business owners—will host a panel discussion addressing the gender gap in venture capital on September 11, 2015 at 2PM EST.

In spite of wide-ranging entrepreneurial success, women remain predominantly unable to acquire venture capital for their enterprises. The NWBC panel will concentrate on communicating the significance of venture capital to women-owned firms, possible solutions to the gender gap, promoting women currently working in venture capital and sharing best practices on attaining it.

In addition to these topics, the Council will also share the latest developments concerning women-owned businesses and provide an update on its current research.

Confirmed panelists are: Carla Harris, Chair of the NWBC; Jules Pieri, cofounder and CEO of The Grommet; Julie Pimsleur, CEO of Little Pim and founder of Double Digit Academy; and Jeanne M. Sullivan, cofounder of StarVest Partners.

Discussions such as these must be promoted and continue taking place if women are to be treated and regarded equally in business. Women are widely underrepresented in the venture capital arena; only 4.2 percent of women-owned businesses receive venture capital, and only 4 percent of women hold roles in the executive sectors of venture capital companies, according to Stanford University’s Clayman Institute for Gender Research. This places women-owned businesses at a disadvantage and renders their success increasingly complicated.

NAWRB supports the NWBC’s efforts toward equal venture capital distribution and recognizes the necessity of these kinds of dialogues in order for progress to take place.

The NWBC panel will be hosted via Google Hangout from Google’s New York Headquarters. To register, please visit, http://bit.ly/1PlnSGF. For more information, you may contact Samhita Mukhopadhyay at (202) 615 – 6570 and Samhita.M@NWBC.gov.

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