We hosted one of the most influential TECH summits in Michigan’s history and the kicker? It was female-led! Femology’s Female Founder Tech Summit brought the grit, the passion, and the ideas that are going to change the game. To every woman who pitched: you demonstrated what’s possible when women claim their opportunity to LEAD.
Michigan’s history has always been about doing things differently. Women here aren’t waiting for permission, we’re creating, innovating, and leading the way. And the numbers? They don’t lie. Women now launch 49% of new businesses in the U.S., up from 29% just a few years ago. These businesses generate over $3.3 trillion in revenue and provide jobs to nearly 13 million people. In Michigan, women owned represents 44.2% (over 900,000 companies). The reality: even though women are doing the work, they’re still receiving 50% less in loans compared to their male counterparts and despite making up half of the entrepreneurial landscape, women-led startups still get only 2.3% of venture capital.
A huge congratulations to our winners:
🏆 Investor’s Choice: Bailey Morgan of
@nudena.co
🏆 Femology Founder’s Choice: April Olson of
@ollivate
🏆 Femology Founder’s Choice: Chelsea Cooper of
@kidink.world
You’ve set the bar high, and your vision will undoubtedly inspire the next wave of female founders.
This shift is happening because of leaders like Hilary Doe
@hilarydoe , Michigan’s Chief Growth Officer, and investors like Shalanda Armstrong
@shortyball24 and Monica Wheat
@mwheat14 , who are using their platforms to ensure women have access to the capital and resources they need to thrive.
The road to equity in venture capital isn’t easy, but it’s one we’re paving together. And with the women leading the charge, Michigan is going to be at the center of that change.
Thank you to our amazing flagship partner
@michigancentraldetroit @newlab , our design partner 7+ years
@modernlyevents and
@amazon for leading the global charge of innovation and supporting Femology.
Video recap coming Monday ✨💎
Photos:
@maximizehq @888creative_
#Femology #WomenInBusiness #VentureCapital #MichiganInnovation #FemaleFounders #TechLeaders #BreakingBarriers