According to the Center for Venture Research report on angel investing in 2008, women investors make up 16.5% of the angel market, and only 15.7% of the entrepreneurs seeking capital are women. Of the number of women seeking capital, 9.5% actually received angel investments during 2008. While the number of women seeking capital is low, the percentage that receive funding is in line with the overall yield, suggesting there isn’t a bias to fund male-owned companies.
I wonder if women generally represent 15.7% of the entrepreneurial population. Anyone have any data on this? It would make the percentage seeking capital in line with the ratio of male to female entrepreneurs.
Minorities represent an even smaller fraction. Only 3.7% of minority-owned firms presented their deals to angels, and only 3.6% of angels are minorities.
Read the entire report on angel investments in 2008 for more interesting tidbits.
