Business and Venture Capitalists

business plan: Too often, though, that answer is likely to be no . And it is entirely possible that gender may be the reason for such a rejection, according to The Guardian. Two years ago, a report by Democratic staffers of the Senate small business and entrepreneurship committee finally managed to nail down some numbers. Related:What venture capitalists want: the driven, the nimble and the open How can women get a loan to launch a small business It sounds a straightforward question, doesn't it Surely it just a matter of marching into your bank, filling out the forms, supplying a business plan and all the necessary documentation and waiting for a response. While women owned 30% of US businesses, they calculated, for every dollar of conventional small business loans that they received, another $23 went to men. If so many women were running so many businesses so successfully, why did so few qualify for loans That funding gap is important for the US economy since, according to a recent survey commissioned by American Express Open, female-owned businesses not only employ 9 million people and generate $1.6tn a year in revenue, but they are growing at five times the national average. That juxtaposition, the staffers argued, didn't make sense. (news.financializer.com). As reported in the news.