IDC European Woman in Venture Capital

EUROPEAN WOMEN IN VC IDC #EUR148997722 © IDC 2022 85 CZECH REPUBLIC Source: IDC Research European Women in VC; n=303 VCs AuM >€25M, n=822 GP’s Work — 2 stars Money — 2.5 stars Knowledge — 2 stars Time — 2 stars Power — 1 star Women in the Czech Republic have a relatively weak starting position when it comes to gender equality, similar to Poland.  GP Balance — Czech Republic Czech Republic Firepower Male 100% Female 0% 100% 0% Diversity from a Funding Perspective • Gender equality is below average in the Czech Republic, especially in the areas of time and power. There are some initiatives aiming to change this. • The Czech Women’s Lobby is a network consisting of 37 organisations. Its purpose is to promote, but also to defend women’s rights, mainly by supporting the work of member organisations. Together they advocate laws that ensure a better life for women, promote gender equality, and strengthen the position of disadvantaged groups of women.  • ESPIRA, a female led growth equity firm investing in central European SMEs, has a philosophy to focus on companies managed by balanced teams of both women and men. • From a funding perspective there is a limited number of VCs with AuM > €25M in the Czech Republic. Of those identified with AuM of €25M, none have female GPs.  Startup Perspective • There are not many female led startups in the Czech Republic. To promote and fuel female entrepreneurship, the Czech chapter of Future Females was launched in 2021, and is devoted to bringing change via talks and community-building events geared toward helping support female entrepreneurship in the Czech Republic. #of startups from >=2010 that that received funding Source: Dealroom Startup Data Male Female Mix 2017 2018 2019 2020 2021 84 % 5 % 11 % 85 % 91 % 94 % 92 % 5 % 3 % 3 % 0 % 8 % 10 % 6 % 3 %