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Entrepreneurial Funding Challenges for Latin American Women Start-up Founders
(School of Business and Economics, Universidad del Desarrollo, 2015-10) Kuschel, Katherina; Lepeley, María Teresa; Espinosa, Fernanda; Gutiérrez, Sebastián
Purpose: This study explores the funding opportunities for women start-up founders who have received support from the Chilean government agency accelerator Start-Up Chile. It examines the role of gender in Latin American women founders at the stage when they are raising funds and equity capital. Design/methodology/approach: The study includes an inductive, qualitative approach and interviews with 20 female founders. Findings: The thematic analysis revealed 10 subthemes that condition founder’s access to capital in the following categories: capital needs, network, and individual characteristics. Originality/value: The contribution of this study is the identification of predominant factors for female entrepreneurs raising capital followed by implications for public policies in entrepreneurial ecosystems including future research orientation.