Accessing funding for your startup business isn’t easy. If you’re a white, university-educated male, your path to entrepreneurship is significantly less bumpy than if you’re a woman.
Currently, female-led businesses receive one per cent of all investment. Just one penny in every pound is invested in new businesses run by women - and there are even greater roadblocks to overcome if you’re a woman of black or ethnic origin.
A 2013 report by Warwick Business school found that black-owned businesses were more likely to be rejected for an overdraft and charged higher interest rates than white-owned counterparts.
BuildHer is trying to change that. The crowdfunding platform was set up for women of black origin to be able to access the funds they need to start a business, project or innovation.
CEO DamiLola Soyoye chats to Trish about why she's passionate about building a platform to help women of ethnic or black origin shine and see their ideas flourish into successful businesses.
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Host: Patricia Keating
Guest: DamiLola Soyoye , founder BuildHer
www.buildher.co.uk
YouTube:
https://m.youtube.com/channel/UCMObStR_owIg6FWlYxPGo9w
