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Why Women Entrepreneurs Have a Harder Time Finding Funding

Women entrepreneurs run 30 percent of all small businesses, and together employ 7.9 million people and generate $1.4 trillion in sales (as of 2015). Needless to say, these are pretty staggering numbers.

All that success is wonderful. However, there exists an underlying issue that is keeping women from being even more impactful — difficulty finding funding.

Women-owned businesses receive just 7 percent of venture capital investment money, which is highly disproportionate to their role in the economy. Additionally, loan approval rates for female entrepreneurs is 15 to 20 percent less than it is for men. Clearly, something is not right.

By Jared Hecht

Full Story: http://www.foxnews.com/us/2016/09/28/why-women-entrepreneurs-have-harder-time-finding-funding.html

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