During our stakeholder meeting we discussed our partners can better collaborate to achieve greater results. We focused on the three key areas that have the most potential for economic impact: Capital, Procurement and Confidence. This slide deck includes research and facts about those three areas that local leaders need to know in order to create effective programming.

1. Stakeholders Meeting June, 17th 2016
Collaboration
#PhXX

3. Capital
• It is not as simple as a pipeline problem.
• Pitch competitions are not addressing the gender gap.
• We live in a culture that is debt averse specifically for women.
• Gender bias is still alive and well in both banking and VC funding.
• We need diverse sources to over come the above challenges.

4. Women account for 30 percent of small companies but receive only 4.4
percent of the total dollars in conventional small-business loans. Put
another way, women receive $1 for every $23 loaned.
Minority business owners pay, on average, 32 percent higher interest
rates than what their white counterparts.
-Senate Small Business & Entrepreneurship Committee

5. The gender gap in small business loans to women
owned business has actually increased since 1988.
- Shattering the Glass Ceiling, 2014

6. “We know that about 38% of new businesses in this country
are started by women but only between 2% and 6% of those
founders receive VC funding,”
“In the context of entrepreneurship, there is so little objective
data to go on in the early stages of a venture [that it] makes it
easier [for VCs] to be influenced, whether implicitly or
explicitly, and make judgments based on personal attributes
like gender.”
Forbes, 2015

7. -Springboard Enterprises
-Astia
-Golden Seeds
-Belle Capital Group
-Keva
Capital National Resources

8. Once small firms are actively engaged in federal contracting,
women-owned firms are every bit as accomplished in terms of
business size as are their male colleagues. While in general,
among all firms, women-owned firms are smaller than average,
among active small business contractors, 31% of women and
30% of men employ 50 or more workers in their firms, and 42%
and 48%, respectively, generate $1 million or more in revenue.
Selling to the federal government can lead to substantial
business growth!
-Womenable, 2014
Procurement and Certification

9. Arizona has less women certified business
than other similar states that are seeing
significant growth in women business
ownership.
Procurement and Certification

10. Economies with initiatives that increase visibility and access to
role models are likely to encourage women entrepreneurs to
start and grow businesses.
Programs that enhance skills and competencies for women
entrepreneurs, and other initiatives such as mentoring and
advising, should include developing and assessing women’s
confidence to take advantage of opportunities and building their
capacity for managing risk.
-GEM: Special Report on Women’s Entrepreneurship, 2015
Confidence

11. -Internal barrier created by a gendered
culture
-“Impostor Syndrome”
-Best discussed in group formats and
advisory board instead of content.
Confidence