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Outside the Box: Women-owned businesses face a lack of funding — and here’s how to change this

When women entrepreneurs and women-owned businesses seek funding to grow their business, the statistics aren’t pretty.

Just 2.2% of all venture capital in the U.S. goes to companies founded solely by women. In addition, companies with all-male founders receive funding after their first round close to 35% of the time. For companies with female founders, that number is less than 2%.

It’s no wonder that only 2% of women owned businesses ever make it to $1 million in revenue, which is 3.5 times less than their male counterparts.

The F Project intends to change this landscape.

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