Why are Australia’s female entrepreneurs struggling to raise capital?
Source:
The Conversation
Despite considerable success in the international arena, many female entrepreneurs still struggle to raise capital. New research suggests that lenders may have an outdated concept of what an entrepreneur looks like.
We recently surveyed 416 Australian female businesswomen, and complemented the survey with focus groups.
Of survey participants, 183 were female business owner-operators – what most of us would call entrepreneurs. We found that over a third (35%) of these female entrepreneurs who operated internationally had recorded sales growth of more than 40% over the previous 12 months