By Alison Gutterman, Forbes
As challenging as it can be for modern businesswomen to snag capital, they have a serious head start when compared to female entrepreneurs of past generations. Congress didn’t pass the Women’s Business Ownership Act until the late 1980s to help eliminate gender discrimination in lending. Before that point, female entrepreneurs could not even get a loan unless a man co-signed it. Even raising private funding was nearly impossible for corporate-minded women with vision.
Since removing some of the barriers to female entrepreneurship, society has enjoyed the fruits of many women-founded companies. Despite this progress, women still lag behind when it comes to wooing investors. Their historical mistreatment, especially from financial institutions, may partially contribute to this ongoing — and frustrating — problem.
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