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Entrepreneurial Funding Challenges for Latin American Women Start-up Founders

Author

Listed:
  • Katherina Kuschel

    ()

  • María-Teresa Lepeley
  • Fernanda Espinosa
  • Sebastián Gutiérrez

    (School of Business and Economics, Universidad del Desarrollo)

Abstract

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.

Suggested Citation

  • Katherina Kuschel & María-Teresa Lepeley & Fernanda Espinosa & Sebastián Gutiérrez, 2015. "Entrepreneurial Funding Challenges for Latin American Women Start-up Founders," Serie Working Papers 24, Universidad del Desarrollo, School of Business and Economics.
  • Handle: RePEc:dsr:wpaper:24
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    File URL: http://repositorio.udd.cl/bitstream/handle/11447/139/wp24.pdf?sequence=1
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    References listed on IDEAS

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    1. Zoltan Acs, 2006. "How Is Entrepreneurship Good for Economic Growth?," Innovations: Technology, Governance, Globalization, MIT Press, vol. 1(1), pages 97-107, March.
    2. Mandakovic Vesna & María Teresa Lepelev & Olga Pizarro, 2014. "Women Entrepreneurs in Chile: Three decades of Challenges and Lessons on Innovation and Business Sustainability," Serie Working Papers 14, Universidad del Desarrollo, School of Business and Economics, revised 2015.
    3. Powell, Gary N. & Eddleston, Kimberly A., 2013. "Linking family-to-business enrichment and support to entrepreneurial success: Do female and male entrepreneurs experience different outcomes?," Journal of Business Venturing, Elsevier, vol. 28(2), pages 261-280.
    4. Vishal Gupta & Golshan Javadian & Nazanin Jalili, 2014. "Role of entrepreneur gender and management style in influencing perceptions and behaviors of new recruits: Evidence from the Islamic Republic of Iran," Journal of International Entrepreneurship, Springer, vol. 12(1), pages 85-109, March.
    5. Stephen, Roper & Jonathan M., Scott, 2009. "Perceived financial barriers and the start-up decision: An econometric analysis of gender differences using GEM data," MPRA Paper 23342, University Library of Munich, Germany.
    6. Katherina Kuschel & María-Teresa Lepeley, 2016. "Women start-ups in technology: literature review and research agenda to improve participation," International Journal of Entrepreneurship and Small Business, Inderscience Enterprises Ltd, vol. 27(2/3), pages 333-346.
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    More about this item

    Keywords

    Entrepreneurship; New high-technology ventures; Female founders; Entrepreneurial ecosystem; Start-Up Chile; Latin America;

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