Women in Venture Capital Group presents recommendations to increase venture capital for women-led companies

Today, at a dedicated event, the European Women in Venture Capital Group handed over a new report on Women led Venture Capital in Europe, which proposes concrete recommendations for the European Commission and the European Investment Bank on how to increase venture capital for companies led by women. Mariya Gabriel, Commissioner for Innovation, Research, Culture, Education and Youth, opened the event, emphasising on the need to support women who have started their own businesses and to ensure that they are well-represented, including in decision-making roles, in the venture capital industry. Commissioner Gabriel said: “The rich talent and expertise of women innovators is essential to strengthening our European innovation ecosystem. Horizon Europe, the new framework programme for Research and Innovation has the ambition, tools and funding to help increase women’s participation, foster gender equality in research and innovation and support female led companies and venture capitals.” Kinga Stanislawska, head of the European Women in Venture Capital Group and member of the European Innovation Council Advisory Board, and Laura González-Estéfani, general partner of the Venture City Fund, presented the report and the accompanying five case studies during a live stream event with statements from at least 10 different women-led venture capital funds. You can find the recording of the event here.