Why FWI and where did it come from?
The idea for this program came from conversations between VCs around where and why we were seeing challenges for women breaking into and developing in VC.
We know diversity is only ever beneficial and right for us and our ecosystem.
Increasing the diversity of investment teams contributes to more diverse founders securing funding, which ultimately creates better outcomes for the entire ecosystem. As the stats below show, there is still a long way to go to bridge this gap in Australia.
And, while our VC ecosystem continues to grow with more funds hiring, we want to ensure the gender gap closes and women representation across the board increases.
There are a number of reasons driving this imbalance, which we will help break down and address through our initiatives. By sharing the knowledge and advice we have garnered we aim to help close this diversity gap and bring a greater diversity of thought, experiences and backgrounds into VC.