Since 2008, startups founded by women have received only 5% of venture capital funding (Sista/BCG study 2019). This is mainly due to investment funds led by a majority of men. The latter invest mainly in startups led by men. Indeed, they lack trust capital in the entrepreneurial abilities of women.
Today, many public schemes and private initiatives are trying to bridge this gap. These schemes and initiatives intervene at different stages of development of startups.
Public schemes for startups founded by women in the seed phase
To encourage female entrepreneurship, the State has set up numerous aids:
- The ÉGALITÉ women’s guarantee: A bank guarantee that covers 80% of the bank loan up to a maximum of €50,000.
- The Initiative France honorary loan: A loan of an average of €9,700 that allows the company to strengthen its equity capital and thus have easier access to loans.
Private initiatives for startups founded by women in the development phase
By signing the Sista charter, 56 investment funds have committed to financing at least 50% of startups founded by women by 2050.
Ci-dessous, la liste des 56 fonds signataires de la charte Sista.
Alter Equity 3P, Alven, Angel Square, Apicap, Aster Capital, Astorya, Axeleo, Bpifrance, Blisce, Breega, Caphorn, Cathay Innovation, Citizen Capital, Crédit Mutuel Arkéa, C4 Ventures, Daphni, Day One, Demeter Partners, Duval Ventures, Educapital, Elaia Partners, Entrepreneur First, Entrepreneur Venture, Fiblac, Founders factory, Founders Future, Gaia, Hardware Club, Hiinov, IDINVEST, Investir&+, IRIS Capital, ISAI, Kerala, Kernel Investissement, Kima Ventures, Korelya Capital, Maif Avenir, MISS (Maif Investissement Social et Solidaire), Newfund, Next Stage, OneRagtime, October, Partech, RAISE, Red River West, RING Capital, Samaipata, Serena Capital, SIDE, Technofounders (TF Participations), 360 Capital Partners, Truffle, Ventech, West Web Valley et White Star Capital.
Therefore, do not hesitate to approach these investment funds that want to finance startups founded by women. And don’t forget that Advimotion is there to support you in your efforts.
A question of self-confidence and skills above all
Today, the status quo is changing as new opportunities are opening up for women entrepreneurs, regardless of the stage of development of their startup. Being an entrepreneur and raising money is not a question of gender but rather a question of skills, self-confidence and market knowledge. So, take your courage in both hands and go raise millions.
PS: At Advimotion, diversity counts a lot. We have accompanied almost as many female as male entrepreneurs. So ladies, don’t hesitate to ask us to accompany you in your entrepreneurial adventure.
Advimotion, your partner in growth.