Life Science Leader | Beyond Capital and Mentoring: Paving the Way for Female Entrepreneurs
Susan Windham-Bannister, Phd, AWIS National Governing Board President, writes in an op-ed for Life Science Leader:
“AWIS research has shown that businesses started and led by women achieve financial returns and revenue growth up to three times higher than businesses created and led solely by men — despite being smaller and more poorly financed on average. In other words, diverse entrepreneurs face greater challenges in commercializing their IP but deliver better returns on investment when they can start and grow businesses. More importantly, these inequities have a significant social cost: They hamper the development of potential new therapeutics, and even cures, for patients who need them. Clearly, the system is broken. We must give women the tools — expanding access to the network of life science stakeholders, executive coaching and mentoring, increased visibility within our ecosystem, and directly investing in women-led startups — to overcome challenges created and maintained by gender bias.”
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