The Road To The Shark Tank is a thought-provoking, innovative documentary that will bring awareness about the funding gender gap and start a movement for change.
With women entrepreneurs receiving only 5% of venture capital funding and just 2% of total funding, it’s time to take a deeper look into how funding decisions are made, expose prevailing funding myths, and explore funding successes and failures.
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Change starts with opening up the dialogue on this issue. When you support this project, you will help us take the conversation about the startup gender gap to a wider audience, and bring greater awareness of this issue beyond the occasional conference topic, online blog article or social media tweet.
There’s no question that the wheels of change are slow, but with this documentary we want to ignite the fuel that will jumpstart a change. It’s time to start asking the question, Where’s The Funding?
Though, there are some notable leaders in the venture capital and angel investor communities that actively support female entrepreneurs, the landscape is limited, and the needle has not moved the stats.
- “Women get less than five percent of VC funding, despite evidence that women-led tech companies, when venture-backed, bring in 12 percent higher revenue than similar male-led companies and have a 35 percent higher return on investment.” (source: Inc. Magazine)
- “Male entrepreneurs are 40% more likely to get VC funding than female founders.” (source: Fast Company)
- “Men Get 6 Times More Funding than Women” (source: MainStreet)
- While women-owned businesses represent nearly one-third (30%) of all U.S. companies, they struggle to land the financing for startups. On average, female startups receive just 2% of total funding from outside equity. ” (source: MainStreet)
- “85 percent of all venture capital–funded businesses have no women on the executive team.”(source: Babson College)
- “Only 2.7 percent of venture capital-funded companies had a woman CEO.”1 (source: Babson College)
- There’s an estimated $285 billion credit gap for women-owned businesses (source: Goldman Sachs)
About Us
Since 2007, eLuminate Entrepreneur Network has created content to help entrepreneurs grow their businesses. eLuminate has produced and filmed large-scale events for entrepreneurs that have brought in audiences and speakers from around the world. The events that have gotten the most buzz have been events on business funding.
Sharon Brown is founder & CEO of eLuminate, chief content creator, tech entrepreneur, product architect, speaker and author.