NACO Academy Podcast

Unleashing the Full Potential of Our Ecosystem with Cathy Bennett and Shelley Kuipers

May 01, 2020 National Angel Capital Organization Season 1 Episode 35
NACO Academy Podcast
Unleashing the Full Potential of Our Ecosystem with Cathy Bennett and Shelley Kuipers
Show Notes

“About 51 percent of our population are women, and we get four percent of venture-capital funding. Quite frankly, that’s an awful lot of capital to leave, and a lot of people out of the competitive ecosystem underutilized.”

“We really need also to remember that when you think about women as a whole, there’s significant underrepresentation of women of color, Aboriginal women, LGBTQ women.

These are sisters who I want to include in our fund because by teaching and training and deploying their capital, what we’re going to see are stronger female founders supported. We’re also going to see men thinking about investing in female-led companies.”

–Cathy Bennett

“We are 51 percent of the population. So there’s an opportunity to unlock our capital, our innovation and our spending power. It’s going to be a huge economic force and economic engine inside of Canada to really help drive that transformation and that diversification. And if we think about women today, there’s a wealth transfer going on. So over the next 10 years, women will amass much more wealth and capital that needs to be deployed.”

–Shelley Kuipers