It’s an unfortunate truth that women founders are massively underrepresented among venture-backed entrepreneurs and VC investors, with companies founded solely by women receiving less than 3% of all venture capital investments. In response to this, it has become more apparent of the need to invest in women entrepreneurs in alternate ways – such as mentorship guidance and technical support to help grow and scale their business.
Back in 2020, we launched the Google for Startups Accelerator: Women Founders program to bridge the gender gap in the North American startup ecosystem, and provide high-quality mentorship opportunities, technical guidance, support and community for women founders in the region. Since then, the program has supported 36 women-led startups across North America, who have collectively raised $73.46M USD since graduating from their cohort. Now in its fourth year, the equity-free, 10-week intensive virtual accelerator program provides women-led startups the tools they need to prepare for the next phase of their growth journey. (Read more here)
Originally published by Google for developers.
Posted by Iran Karimian, Startup Develper Ecosystem Lead.
Published on August 17, 2023
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