As a reader of this blog, it’s highly likely you a) are a woman or b) have an interest in women who want to build successful companies – or perhaps both. Organizations like the Michigan Association for Female Entrepreneurs are breaking down barriers for women entrepreneurs, providing access to education, information, resources and opportunities that allow them to grow and develop their own businesses – and it’s working.
Yet there is still work to be done, as women are less likely to get funding or sit on board seats, and still make less than men for the same jobs.
As women founders, we hold ourselves accountable to further promote discussions on women in the workplace and consistently celebrate the successes of our counterparts across the U.S. and the globe – especially those breaking barriers in the entrepreneurial and venture capital communities.
For the past two years, our company – Version 2.0 Communications – has been exploring the role of women in startup and entrepreneurial hubs including Boston, New York, San Francisco and, most recently, Ann Arbor. Our team has developed a series of research-based infographics for each of these regions that showcase the progress that’s been made while also providing resources, like the Michigan Association for Female Entrepreneurs, that will empower more women to get funded, promoted or acquire board seats.
We chose Ann Arbor because of our close relationship with the University of Michigan’s Ross School of Business and the Zell Lurie Institute for Entrepreneurial Studies, which we have supported via public relations efforts over the last decade. Through our work, we have met and worked with dozens – if not hundreds – of women who are shaping the entrepreneurial and venture capital ecosystem in Michigan. And there’s good news – more and more women-led businesses are cropping up all over the region.
Here are a few takeaways from the latest infographic:
- 16 percent of venture capital professionals in Michigan are women (compared to 11 percent nationally)
- Ann Arbor has the highest number of women-led portfolio companies in Michigan
- 8 percent of Fortune 500 companies in Michigan are run by women – compared to 2.7 percent nationally
Be sure to check out the Ann Arbor infographic below, or download it from the Version 2.0 website here. If we missed anything or anyone, please let us know – you can reach us at firstname.lastname@example.org or email@example.com. We’re always interested in feedback and would love to hear from you. Be sure to follow Version 2.0 on Twitter, LinkedIn and Facebook as well for consistent women-in-business updates.