Weforshe FUND
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WEFORSHE fund is being created to address the gender gap in the current system of startup funding. Together WE make change happen!
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Our Rationale
She may be a pampered daughter, an adored daughter-in-law, a mother, or wife of a Richie rich, but the moment she joins the guerrilla warfare of entrepreneurship, she, in most of the cases, will be the underdog and at every step her commitment will be put to acid test.
There is no doubt whatsoever that when you break the glass ceilings, you need the support of your spouse/parents/friends. But what contributes more than anything else in success of the business, is the availability of capital, particularly for women entrepreneurs. Access to capital means better odds for your business.
However, much to our dismay, the current system of startup funding puts women entrepreneurs at a clear disadvantage. 2017 has seen only 2% of VC funding go to female founders. Last year, the largest VC deal for a female team was $165 million — a stark contrast to that for males, which was $3 billion. We’re here to change that. As we set out on our journey, our thrust, therefore, would be to create a corpus so that aspiring women entrepreneurs can access capital, when they need it the most. WEFORSHE fund is being created to be a true disruptor by facilitating and fostering this much needed change globally. Our mission is to create a global entrepreneurial ecosystem where women flourish at entrepreneurship, where she is only limited by her imagination and little else.