'That’s when we made a pivot in our program to really focus on deploying capital.'
In October 2019, Paris will showcase the ten best women-led health tech start-ups Europe and the US have to offer. Allyson Kapin, founder of Women Who Tech and the Women Startup Challenge Europe HealthTech, discusses how her organisation is helping to disrupt the industry.Allyson Kapin , founder of Women Who Tech and Justyn Hintze, Director of Women Who Tech. Credit: Kristin Johnson
Past winners of the award have gone on to thrive. Virtue Health, a company leveraging cutting edge technology to combat age-related chronic conditions, received Women Who Tech’s $25,000 Mozilla prize in October 2018. It has since raised its first private funding, is in the process of doubling its team and has been awarded the £50,000 Women In Innovation prize from the UK Innovation Agency.
That’s when we made a pivot in our program to really focus on deploying capital, resources and mentoring to women-led start-ups to get them funded. In the US only 2.2% of women-led start-ups get funding; for women of colour it’s about 0.2%. In Europe it’s about 9% of funding that’s going to women-led start-ups so it’s a little more supportive, but in the grand scheme of things we’re still not making much progress.
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