Why venture capital should commit to gender balance

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Why venture capital should commit to gender balance
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'Not only did global venture funding for female-led startups fall this year, but that the proportion of funding also declined from 2.8% in 2019 to 2.3% in 2020.'

, not only did global venture funding for female-led startups fall this year, but that the proportion of funding also declined from 2.8% in 2019 to 2.3% in 2020.The World Economic Forum has been measuring gender gaps since 2006 in the annualThe Global Gender Gap Report tracks progress towards closing gender gaps on a national level.

If you are a business or government in a country where we currently do not have a Closing the Gender Gap Accelerator you canAs we emerge from this unprecedented crisis, venture capitalists – LPs, angel investors, and the media – have a unique opportunity, to not just build back better, but to invest in a resilient recovery for all, especially women.

At UNICEF Innovation, we believe that investing in and supporting the growth of female-led companies is are female-led. This cohort is building platforms toward greater financial inclusion to enable efficient payments to frontline workers, facilitate cross-border transfers, and improve access to saving and lending services.Tailored to girls’ digital realities, an example of a solution developed by UNICEF is, an open-source mobile period tracker and menstruation education application.

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