On 15 July the European Women in Venture Capital Group led by Kinga Stanislawska who is also member of the European Innovation Council Advisory Board will hand over a brand new report on Women led Venture Capital in Europe. The report has concrete recommendations for the European Commission and the European Investment Bank on how to increase venture capital for women led companies. The report and the accompanying five case studies will be presented in an interactive way during a live stream event with statements from at least 10 different women led venture capital funds. The event will be opened by Commissioner Gabriel who will give her first preliminary reaction:
10:10h - 10:20h: Opening from Laura Gonzalez-Estefani and Kinga Stanislawska
10:20h - 10:40h: Intro from the Commissioner and handover
10:40h - 10:50h: Next steps & action plan
10:50h - 11:00h: Q&A
On 28 April 2021 Commissioner Gabrielconveyed a first meeting with women Venture Capital fund managers from 23 Member States. The invitees decided to create the European Women in Venture Capital Group as a community of more than women investors who want to strengthen the participation of women in the venture capital industry in Europe as currently women only make a small fraction of VC managers and they frequently are unable to fund raise venture capital funds. The group is currently working on a white paper with concrete solutions.
On 3 June the EIC Board issued a statement on Gender and Diversity recommended that the that the funds of funds prioritise backing venture funds with diverse management teams, including female led venture funds, across Europe and begin to implement concrete strategies to change the status quo quickly, including within their management teams. A system wide transformative change is needed which should involve the EIF, the EIB and other major funds of funds.