Monday Jul 08, 2024

David B Horne - Why only 1.9% of females successfully secure funding

Gender bias exists when applying for funding in the venture capital industry.

It’s a fact, women are less likely than men to not only succeed in getting funding but for applying for it in the first place.

This disadvantage is something that has driven my guest in this episode, David B Horne, to help rectify. David is the Founder of Funding Focus, a social enterprise whose mission is to level the uneven playing field that female and underrepresented entrepreneurs face when raising capital.

He shares the shocking statistics behind this disadvantage and why women get less funding and don’t want to go for it in the first place. He also gives his advice on how to level the playing field when pitching to investors.

This is not to be missed if you are a woman looking to apply for funding.

“The level of funding to female founders is currently 1.9%” – David B Horne

Timestamps

02:07 - Why do women get less funding?

04:50 - An introduction to David

07:52 - Why don't women go for funding?

14:20 - Advice to women starting the process

18:21 - David's advice for pitching to investors

21:01 - David's thoughts on pitching competitions

22:34 - Funding for the M&A journey

25:33 - How David helps female founders

Connect with David B Horne: