Everywhere in the world, women-led startups are contributing to financial development, creating jobs and fixing challenges for the communities they’re a part of. But the stark actuality is that these entrepreneurs aren’t getting the monetary backing they deserve. Ladies founders are nonetheless far much less more likely to obtain funding from enterprise capital buyers. Within the U.S. and Europe, for instance, startups established solely by ladies obtain lower than 2% of all enterprise capital funding.
To assist bridge this hole, we’re dedicated to supporting ladies founders via our equity-free Google for Startups Accelerator packages, which offer startups with the mentorship and technical instruments they should put together for the following section of their development. Since we first launched these packages in 2016, 36% of the 1,000 startups we’ve supported have been led by ladies. In 2020, we launched a devoted program for ladies — Google for Startups Accelerator: Ladies Founders — in North America. This system has since expanded around the globe.
This yr, as we mark Worldwide Ladies’s Day, we’re kicking off two new courses, together with our fifth cohort in North America and our first in Europe and Israel. Listed here are the 28 startups constructing AI options to a few of the world’s most urgent challenges.