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Crowdfunding, an Equalizer for Women Entrepreneurs

Crowdfunding, an Equalizer for Women Entrepreneurs

Women entrepreneurs have steadily emerged as leading contenders among new business start ups. Although statistics show that the rate of women starting businesses has significantly increased over the years, women entrepreneurs are still experiencing undercapitalization.
To amend this issue, programs such as the Women-Owned Small Business Federal Contract Program (WOSB Procurement Program) have been established. The WOSB Procurement Program provides women with greater access to federal contracts. However, the program initially had monetary limitations for different types of contracts. For example, contracts regarding goods and services were restricted at $4 million whereas contracts for manufacturing contracts had a restriction at $6.5 million

Gender Finance