The biggest obstacle to starting your own business is money. You need it. You probably don’t have it. And it’s a challenge at every level, whether you’re a mom-and-pop dog biscuit bakery or a high-concept tech startup that’s going to change the way we think about inflating our tires. Investment capital is absolutely essential; it pays for your facilities, your employees’ paychecks, your supplies, your shipping costs – but for entrepreneurs who happen to be women, it’s harder to get. Vastly harder; from 2011 to 2013, female CEOs got only 3% of venture capital funding. That’s $1.5 billion out of $50.8 billion. In 2017? It was 2%.
In other words, women are being systematically shut out of entrepreneurism, with the capital needed to create fast-growth startups being withheld at every level.