- June 12, 2021
- Posted by: Stratford Team
- Category: Business
CINCINNATI, June 11, 2021 /PRNewswire/ — In a year where a pandemic brought unthinkable economic uncertainty, one surprising bright spot was the record amount of venture funding for U.S. startups–$143 billion in 2020, up 12 percent from the previous year. But that good fortune was not shared evenly, according to Crunchbase, because in that same year funding to venture-backed companies founded solely by female entrepreneurs dropped 22 percent—representing $1 billion in lost funding.
With this funding gap in mind, P&G Ventures, the internal startup studio of Procter & Gamble, is joining forces with The Riveter to launch Open for Business: Women Building the Future, a free event series focused on bridging that gap. These virtual events will provide female entrepreneurs with resources, insights and inspiration to help them overcome any obstacles standing in the way of growing their businesses. A group of over 20 seasoned start-up executives at…