Changing the Narrative
Tatler Hong Kong|November 2023
Shuyin Tang, co-founder and CEO of the Beacon Fund, a private debt fund that focuses on backing women-owned and women-led businesses, and Nicole Denholder, founder of Next Chapter Ventures, a funding ecosystem for female founders, speak about the different pathways to funding for female founders and redefining what it means to be a successful entrepreneur 
Rachel Duffell
Changing the Narrative

Nicole Denholder is on a mission to drive more money to women, both as founder of Next Chapter Ventures, which empowers female entrepreneurs to reach their potential and get funded faster, and as co-founder of Sophia, a learning platform delivering financial education to women.

Shuyin Tang, who has a background in impact investing, has felt a similar calling. “For a while I wasn’t aware of the challenges [faced by] female entrepreneurs. But the higher I rose, the [more those] barriers became clearer. How do we close the gender finance gap? How do we provide more pathways [to funding] for female entrepreneurs?”

When it comes to the gender finance gap—the difference between women’s and men’s access to financial services, resources and opportunities—a figure widely touted is that less than 3 per cent of funding goes to female entrepreneurs. It’s a figure that refers specifically to venture capital-backed (VC) funding.

“It’s definitely a huge problem,” says Tang. “But VC funding is actually for a very small proportion of companies. Is the goal only to get more VC funding to female entrepreneurs? That’s a very specific goal. I think the more interesting questions are: what types of businesses are out there, what type of funding do they need and how do we get them that funding?

هذه القصة مأخوذة من طبعة November 2023 من Tatler Hong Kong.

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هذه القصة مأخوذة من طبعة November 2023 من Tatler Hong Kong.

ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.

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