The survey data yields extensive insight into the amount of funding raised to date across business stages, and the various sectors in which female founders operate.
In the same vein, 39.6% report that they choose to stick with their current form of funding because they do not know how to access any other form of funding although a high percentage would welcome it.in our survey, 71.7% of South African female founders interviewed for the report feel the fundraising process is more difficult because they are women.
The result of the South African White Paper explores why female-led businesses locally are still not successful in accessing finance for their businesses.