Empowering Female Founders
Increasing the number of venture-backed female founders in tech.
About
WOMXN IN POWER provides female founders the opportunity to gain resources from top mentors and advisors in order to compete in male-dominated industries and technology start-up spaces. The Female Founder Scholarship Fund plans to reach female founders in over 30 cities around the world, with emphasis on prioritizing minority and immigrant female founders.
Mission
To elevate the number of female founders in technology by 25% before 2050 through personal development and conscious leadership.
Vision
To close the gender gap among founders with venture-backed technology startups.
Only 2% of Venture Capital is Being Invested in Female Founders
2.2%
Female founders received 2.2% of VC funding in 2020. The majority of all-male teams received more VC funding than teams with both males and female members
<14%
of US VC funds go to teams with at least one female founder
13%
of the decision makers at the US-based venture capital firms of >$25M are women
(excluding healthcare firms and corporate VCs)
64%
of US VC firms do not have any female partners
(female investors who are able to write checks)
Challenges Faced by Women Founders
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Gender Discrimination
There are misconceptions around women’s capabilities and competency as leaders in technology. -
Access to Funding
There are more male investors than female investors. In fact, most male investors tend to invest in startups founded by other males. -
Support Network
It is challenging to find advisors or mentors when the majority of those in the entrepreneurial landscape is being dominated by men. -
Fear of Failure
With societal expectations, most women founders unintentionally downplay their own worth, which makes it difficult for them to own their accomplishments.
How 2TF Solves This Problem
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Scholarships
We provide Female Founders Scholarship opportunities for women to join our 2TF Forum program -
Workshops
We offer guidance and support through intimate workshops and roundtables from world-class industry experts -
Executive Coaching
We give introductions to vetted and seasoned executive coaching to resolve issues and elevate personal and professional life experiences -
Peer Learning
We offer a cohort-based peer coaching group of female founders where all female founders of the 2TF Community meet bi-weekly for a total of 6 sessions per year (scholarship funded)
The Program
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Female founders in post-seed or post-revenue companies within the technology and/or biotechnology fields who have:
Raised $1M in Venture Fund
OR
Current Generating $500K+ in ARR
-
Workshops: Free of charge to all members
Affinity Group Events: Free of charge to all members
Executive Coaching: Partial scholarship based on need
WIP Forum: Partial scholarship based on need
-
Based on need, we provide partial scholarships to our Executive Coaching and WIP Forum programs.
-
Onboarding event
Two 90-minute meetings per month (Peer Coaching & Learning Leadership Program)
1-hour monthly executive coaching
30-minute office hours and personal development concierge service
Membership dinner and lunch events (in-person & virtual)
Industry Workshops and round tables
Individualized fundraising support and introductions
Community network
Need-based curated 1:1 consulting
Join the Movement
Coaches
Ideal Coaches for WIP: Individuals with prior executive coaching experience with founders
What Coaches Could Offer: Reduced rates or pro-bono hours to provide executive coaching for our women founders.
Investors
Ideal Investors for WIP: Investors who align with the mission or have prior background supporting women empowerment
What Investors Could Offer: Nominate female founders who will benefit from the program or pro-bono hours to provide executive coaching for our women founders.
Funders
Ideal Funders for WIP: Funders who align with the mission or organizations that support women empowerment
What Funders Could Offer: Fund the scholarship fund.
Partners
Ideal Partners for WIP: Accelerator programs or organizations that support women founders
What Partners Could Offer: Referral fees from 2TF Community, which will go towards the scholarship fund to increase diversity among women founders.
Generous Sponsors
