IDC European Woman in Venture Capital

EUROPEAN WOMEN IN VC IDC #EUR148997722 © IDC 2022 40 MACRO ECONOMICS & GENDER EQUALITY 04 The extent to which a country is already pushing the boundaries to create a more gender equal society impacts access to funding and the creation of a more female friendly entrepreneurial climate. Having access to capital and education, role models in powerful positions and an efficient support system all add to creating a favourable environment to pursue more ambitious career opportunities for women. The Nordics, Western Europe and Central West perform above average when it comes to gender equality. As a starting position, women in these countries have better access to work, money and knowledge, spend less time on care activities and have stronger role models in powerful positions. The Gender Equality Index is a tool to measure the progress of gender equality in the EU, developed by EIGE. It gives more visibility to areas that need improvement with respect to gender equality. In this report, 5 of the 6 core domains (Work, Money, Time, Knowledge and Power) and 35 subdomains have been used to better assess local differences and challenges to overcome. The health domain was excluded because of its limited influence on the female funding gap. Source: EIGE: Gender Equality Index Score Region EU Average UK Nordics Western Europe Southern Europe Central West Baltics CEE 73% 79% 74% 62% 61% 58% 70% 68%