In 2023, Women Still Have Less Access to Capital Than Men
Donate to our station as we are working to build something great. We made history y’all! And even now access to capital for women is very challenging.
“The Greenwood Beat opens doors to truths, understandings, and better ways to healthy changes for our community, ” says Heather Nicole Nash. Nash will host a couple of shows on WFPG beginning this August. On August 2, 2023 @ 7:00 PM, radio talk show The Referea will kick off followed by Greenwood Story’s on August 28th.
According to Entrepreneur Magazine, “Women-owned businesses receive just 7 percent of venture capital investment money, which is highly disproportionate to their role in the economy. Additionally, loan approval rates for female entrepreneurs is 15 to 20 percent less than it is for men.”
“Women, especially women of color, not only earn less than men in the workforce but are also less likely to get access to capital for their businesses. Perhaps the most sobering statistic is that in all of 2018, women had a meager 2.2% share of the $130 billion given out in venture capital. And that was a $1 billion improvement over the prior year,” according to an article in Forbes. (2019)
The Greenwood Beat – WFPG has created a voice for Greenwood. WFPG is the first black, women-owned radio station in Oklahoma and is located in the Historic Greenwood District also known as “The Original Black Wall Street.”
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