After doing all the work to get her health care startup going, Nicole Yeary set out to raise funding. And that’s when she ran into some obstacles.
“I got stuck,” she recalls. And so do other women – according to Yeary, less than 2 percent of venture-backed startups are female-founded, and less than 5 percent of women entrepreneurs are accessing any capital.
That was the inspiration for Ms. Tech, a collaborative forum of over 700 women that was founded in 2010 as a simple Facebook group. Based in Chicago, Ms. Tech holds networking and educational events to help women grow their business, network, and resources. She sees that focus as going beyond “changing the ratio,” or trying to achieve equal representation of women.
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