By Patricia Araque (Founder & President, Ellas 2.0) The document prepared by Ready4Ventures notes that only 4 of the 66 investors interviewed for the report are women, and only 4 of the 109 entrepreneurs who participated in the surveys are entrepreneurs.
These numbers make clear what we are trying to change in our work at Ellas 2.0 -- the shortage of female talent in the industry.
Other significant data is worth noting that 72% of entrepreneurs used personal savings and family support to launch their projects and 43% believe subsidies as a primary source of funding.
According to the entrepreneurs interviewed, the Information & Communications Technologies sector is the most valuable in this regard and the challenges most often cited are access to finance, customer acquisition and bureaucratic public administration at the time of starting a business.
The good news from the report is that 55% of investors surveyed believe they have more money to invest during 2011 and 2012, and only 18% believe they have less.
You can access the full report here.
This post was originally posted at Ellas 2.0.
About the guest blogger: Patricia Araque is the Founder and President of Ellas 2.0, sister organization to Women 2.0 in Spain with the goal of increasing the number of female entrepreneurs in tech. She is heavily involved in the startup scene in Spain. Before Ellas 2.0, Patricia founded Atalaya Formacion, an English school for Spanish students between 3 and 18 years old. She is about to launch an educational startup focused in get parents involved in education using mobile technology. Follow her on Twitter at @patriciaaraque and Ellas 2.0 at @ellas2.