According to the 650 female small business owners surveyed in Visa’s State of Female Entrepreneurship study, 61% chose to self-fund their own startup (mostly out of necessity). This May 4, 2019 article in Forbes shares other options for funding. In addition to bootstrapping, women can also look to grants or SBA loans
Research shows that investors interview women differently than men. Women who want to maximize their chances of getting funding need to learn how to navigate the bias that investors may not even realize they have. Check out this May 1, 2019 article in Fast Company to learn more.
This April 9, 2019 article in Entrepreneur discusses the explosive growth of female minority owned businesses but also highlights how funding options are less available to these founders. The piece also shares examples of how these women are using pitch competitions as alternative funding sources.