IDC European Woman in Venture Capital

EUROPEAN WOMEN IN VC IDC #EUR148997722 © IDC 2022 74 CENTRAL WEST Work — 4 stars Money — 4.5 stars Knowledge — 3.5 stars Time — 3 stars Power — 3 stars Women in the Central West have a fairly strong starting position when it comes to gender equality, though there is inequality in the domains. The high scores in Money are related to financial resources mainly in Luxembourg. Austria scores particularly low in the area of time & power. GP Balance — Western Europe Firepower Male 92% Female 8% 96% 4% Central West scores below average on the number of female GPs. Actual access to funding is also below average at 4%. Within the region, Austria scores higher on the balance of female GPs, as well as on actual access to funding. Germany and Luxembourg score below average. Germany ranks low in the gender funding balance in both the general GP balance and access to funding. German policy is aimed at increasing the role of female executives & entrepreneurs. Despite a set quota, not much has changed yet. Austria ranks quite high in gender funding balance, both in general GP balance as well as access to funding. Austria has several initiatives running to improve the gender balance, among others a quota system. In addition, it launched the Female Founders initiative, which aims to close the gender gap in the European startup scene. Luxembourg scores above average when it comes to overall gender equality. Despite it being the only EU state with a ministry whose responsibility is exclusively gender equality, the GP balance on a funds level as well as access to funding is (far) below average. Source: IDC Research European Women in VC; n=303 VCs AuM >€25M, n=822 GP’s