The FUNDED Modern Business Women

When it comes to funding a company, the scale is heavily weighted towards the males side. While the idea of a female running a company isn’t entirely novel, the numbers are startlingly against women founded companies. Currently, 92% of venture start-ups are run by men. Even worse, the amount of money funded to female start-ups is on average a lot less than the amount given to male start-ups.
Is this a sign pointing to regression of sexism in the workplace?

The facts and numbers weigh heavily in favor of success for female start-ups. Whether or not you support female leadership, you can’t ignore the figures suggesting that firms run by females are among the fast growing sector among new ventures. Women are very capable, especially with the advancement of technology. As younger generations are raised on social media, and grow accustomed to the digital world at an earlier age, there is a greater window for girls to learn the skills essential to launching a company later in life.

So how does this play into Mix Media Solutions?

Well, Mix Media Solutions is founded by a woman, Jess Loren Popov. And, in lieu of this, it is important to note that the Syncubator, Chicago’s premier technology incubator, is fielding proposal’s from a number of other women lead companies. With the growing number of technology companies starting up in Chicago, women lead companies are the wave of the future.

According to the Center for Women’s Business Research, women start businesses at twice the rate of men, but only 3% of these businesses get to $1m in revenue.

With the world shifting towards female empowerment, now is the perfect time for leadership in companies to extend beyond fantasy. With Kathyrn Bigelowrecently becoming the first woman to win an Academy Award for best Director with the work on her film “The Hurt Locker“, the possibilities have opened for women to be both in control, and successful.

There are plenty of resources out there for women looking for funding for their start-ups. There isn’t anything holding females back anymore. According to research by Babson College, “if women entrepreneurs in the US started with the same capital as men entrepreneurs, they would add a whopping 6 million jobs to the economy within 5 years — 2 million of those in the first year alone.”

So, think about it. If business has been a man’s game, but the stats are highly in favor of women being successful in business, then why shy away from chasing your dream?

Many women cite being afraid to fail as a reason for not pursuing funding for their companies, but in reality, they have a higher success rate.
Check out this link,  to see some useful resources. Mix Media Solutions has taken steps towards a diversified technology industry, and the Syncubator is in support of a female business model.

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2 Comments

Filed under brand, business, business owner, capital, Chicago, chicago incubator, entrepreneur, Jess Loren, Jess Loren Popov, jess popov, Mix Media, mix media solutions, mix media solutions llc, venture capital, venture capitalist

2 Responses to The FUNDED Modern Business Women

  1. Ashlee

    Jess, Great article!

    I feel the same way – it is time for women to come to the forefront! VenCorps is funding women led technology startups. No men allowed! haha If anyone you know is interested, and needs seed stage funding for their tech startup, let them know VenCorps is here for them!

    • Thanks Ashlee- Sorry it took me a while to get back to you. I run a larger blog now that my focus have been on. Please check it out if you have time. http://www.socialtechpop.com/

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