Women face a venture-capital glass ceiling, too

Women increasingly are bonding together to share experiences, networks and ideas for how to build global businesses. But there still remains a glass ceiling in luring venture capital and financial backing.

Those who are succeeding are using their business relationships effectively, approaching lenders with confidence and finding mentors, even across borders, who help them discover best practices.

In Miami, Irma Becerra-Fernandez, vice provost for academic affairs at Florida International University, brought together a high-powered panel of women to highlight the needs of women entrepreneurs and spark interest in expanding beyond country borders. Among those involved are Goldman Sachs, FedEx Express Latin America & Caribbean and Vital Voices Global Partnership.

“The most important message is women need to believe it can be done, that they can be successful in getting to the next level,” Becerra-Fernandez said. “Globally, the most underused resource is women.”

Because financing is relationship-based, Becerra-Fernandez believes women need to become persistent about building relationships, tapping them, and persevering when an initial pitch is met with reluctance.

Read : “Women face a venture-capital glass ceiling, too” an article by The Miami Herald

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