IDC European Woman in Venture Capital

EUROPEAN WOMEN IN VC IDC #EUR148997722 © IDC 2022 11 At themoment, we are all finding ourselves in a critical but also exciting point of time. We have to start “building back better”. And with that comes a golden opportunity to reshape our societies and investment communities towards a more equal and inclusive future. Innovation and disruptive technologies are helping us to progress in the twin transition towards a green and digital economy that is crucial for future generations. The question is, however, how canwe fully do that if we do not employ the talents, skills and uniqueness of our entire population? If only 1% of risk capital is flowing towards women entrepreneurs — as this report reveals — creating an inclusive future that builds on ideas and innovations fairly represented by the population seems far, far away. I believe it is time to change this — once and for all. Make it a subject of the past. And I can promise you, at the EIB Group, gender equality is central to our mission to improve the quality of life for all citizens in Europe and beyond. This report uncovers the hard truth about the lack of capital flowing towards women entrepreneurs and women-led funds, with the numbers presented pointing to a huge untapped potential. We at the EIB Group are committed to using our financial firepower and expertise to join forces with other like-minded investors to tap this potential, to indeed make this discussion one of the past. MARJUT FALKSTEDT Secretary General of the European Investment Bank WOMEN I EUROPEA ENTURE CAPITAL