Putney, Vermont (PressExposure) August 25, 2015 -- The August 2015 issue of Entrepreneurship Insights, the newsletter for startups published today, is devoted to women-led startups.
There are articles about women business founders and what makes them special; a guide to sources of funding that focus on the needs of female entrepreneurs; facts and figures about women-owned businesses; and a feature on why entrepreneurship is gender neutral, but a woman founder, Julie Fahnestock of B Storytelling LLC.
One of the gender lens investing firms featured is the San Francisco-based nonprofit, Astia that funds women-led ventures, not because it's trendy, but because the ventures are highly innovative and high performance.
In the last 15 years, the number of small businesses started in the US has increased by 41 per cent, while the number of women-owned businesses increased by 59 per cent, or 1Â½ times the national average.
On the other hand, nearly one-third of the women surveyed in the Bank of America's 2014 Small Business Owner Report said they think they have less access to capital and new business opportunities than male small business owners do.
The newsletter describes that in August 2015, over 40 venture capital firms with more than $100 million under management wrote to President Obama, declaring, "We, the leaders of the venture capital industry and the NVCA Diversity Task Force, stand together in our commitment to advance opportunity for women and underrepresented minorities in the entrepreneurial ecosystem."
Two of the key messages of the newsletter are: first, that entrepreneurs of both sexes are motivated by achievement, more than affiliation or power; however, the woman may see achievement in the qualitative, more than/as well as, the quantitative; and second, women frequently are better able to grasp the systemic interactions between the many disparate activities involved in starting a venture.
Entrepreneurship Insights is published by Will Keyser of Venture Founders LLC, whose website, http://startupowl.com, has information, resources, and advice for all entrepreneurs and small business-owners. Will is a startup mentor to both men and women.