When you think of investing in a business venture, you think of funding sources. Women have contributed immensely to the development of the business as we know it today. It is estimated that over 11.6 million businesses are owned by women. This is a significant number given the challenges ranging from funding to logistics to infrastructure and lack of other essential resources that women need to start and grow their businesses.

More information about Women’s Business Statistics

  • More than 11.6 million firms are owned by women
  • Women employ nearly 9 million people
  • Women generated over $1.7 trillion in sales as of 2017
  • Women-owned firms (51% or more) account for 39% of all privately held firms
  • Women-owned businesses contribute 8% of employment and 4.2% of revenues

These accomplishments are highly commendable and laudable in many ways. Women-owned businesses have shown to be able to hold their own given access to funding and women accessible grant resources.

37 Angels is an organization that is made up of mostly female angel investors and venture capitalists who invest in women-owned small businesses. These individuals recognize the varying challenges that businesswomen face and they strive to close the gap between them and what they are faced with. Therefore, by helping women keep their companies afloat. 37 Angeles is therefore offering grants of up to $150,000.

The organization is committed to education and has a goal to shed light on the black box of startup investing for investors and founders through education. The process is built around clear and open communication for both founders and funders. Many of their members are former entrepreneurs who understand the highs and lows of business-building.

To learn more and/or to submit your application, click the link below.