In 2020, male- and female-led startups that participated in a business accelerator raised more debt capital than those that did not participate. Male-led startups raised more debt capital than their female counterparts, irrespective of accelerator participation or not. Female-led startups that did not participate in an accelerator raised around 8,700 U.S. dollars, while male-led startups that also did not participate raised 2.9 times this amount.
For startups that did participate in the accelerator, a significant increase is shown post-acceleration, for both male- and female-led startups. Male-led startups that participated in an accelerator raised about 26,600 U.S. dollars, 1.2 times higher than the 21,500 U.S. dollars in debt capital raised by female-led startups. Accelerators therefore proved more effective for female-led than male-led startups in terms of raising higher debt capital.
Debt capital raised by male- and female-led startups post-acceleration worldwide in 2020
(in 1,000 U.S. dollars)
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International Finance Corporation. (February 2, 2020). Debt capital raised by male- and female-led startups post-acceleration worldwide in 2020 (in 1,000 U.S. dollars) [Graph]. In Statista. Retrieved November 03, 2024, from https://www.statista.com/statistics/1219683/debt-capital-raised-startups-accelerator-by-gender/
International Finance Corporation. "Debt capital raised by male- and female-led startups post-acceleration worldwide in 2020 (in 1,000 U.S. dollars)." Chart. February 2, 2020. Statista. Accessed November 03, 2024. https://www.statista.com/statistics/1219683/debt-capital-raised-startups-accelerator-by-gender/
International Finance Corporation. (2020). Debt capital raised by male- and female-led startups post-acceleration worldwide in 2020 (in 1,000 U.S. dollars). Statista. Statista Inc.. Accessed: November 03, 2024. https://www.statista.com/statistics/1219683/debt-capital-raised-startups-accelerator-by-gender/
International Finance Corporation. "Debt Capital Raised by Male- and Female-led Startups Post-acceleration Worldwide in 2020 (in 1,000 U.S. Dollars)." Statista, Statista Inc., 2 Feb 2020, https://www.statista.com/statistics/1219683/debt-capital-raised-startups-accelerator-by-gender/
International Finance Corporation, Debt capital raised by male- and female-led startups post-acceleration worldwide in 2020 (in 1,000 U.S. dollars) Statista, https://www.statista.com/statistics/1219683/debt-capital-raised-startups-accelerator-by-gender/ (last visited November 03, 2024)
Debt capital raised by male- and female-led startups post-acceleration worldwide in 2020 (in 1,000 U.S. dollars) [Graph], International Finance Corporation, February 2, 2020. [Online]. Available: https://www.statista.com/statistics/1219683/debt-capital-raised-startups-accelerator-by-gender/
