[tc_contributor_byline cb_profile=”http://crunchbase.com/person/ramona-ortega” slug=”ramona-ortega”]
Intel’s announcement of its $125 million fund to support women and minority-led startups last week was invigorating news to many who are vying for the few venture dollars that arrive in the pockets of women and minorities.
It’s good timing, and it comes on the heels of the U.S. Securities and Exchange Commission’s new regulations under RegA+ which just might be a new avenue for much needed capital for the same group of entrepreneurs.
Of the $48 billion invested by venture capitalists in 2014, only 7 percent went to women-led companies. That paucity is in spite of research by the Kauffman Foundation showing that female-led companies have a better return on investment, achieving 12 percent higher revenue than male-owned tech companies. The investment numbers are even lower for Black and Hispanic founders of companies.
The reasons so few women and minorities get venture dollars has…
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