'Across Europe only around 5pc of venture capital goes to mixed teams and only 2pc to all-female teams.'
The Women TechEU scheme will offer grants and mentoring programmes to women-led start-ups to create a more equal deep-tech industry.
Up to 50 promising deep-tech start-ups from EU member states will be funded under the first Women TechEU pilot call. Data presented by the European Innovation Council shows that only 15pc of innovative start-ups are founded or co-founded by women, and just 6pc have all-women founding teams. The Women TechEU initiative, which comes under the EIC’s new Horizon Europe innovation ecosystems programme, is attempting to narrow this innovation gender gap by supporting women-led deep-tech start-ups at the earliest, and often riskiest stage of development.
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