The report, produced by Ready4Ventures, notes that only 4 out of 66 investors and 4 out of 109 entrepreneurs interviewed were women. Both data serve to underline the need for Ellas 2.0?s mission to remedy the shortage of female talent in the industry.
Other significant findings were that 72% of entrepreneurs used savings and family support to launch their projects and 43% see grants as a primary source of funding.
The entrepreneurs surveyed considered ICT as the sector with the most potential.� The most frequently cited business challenges for startups were access to finance, customer acquisition and bureaucratic public administration.
The good news is that 55% of investors believe they have more money to invest during 2011 and 2012 and only 18% believe they have less.
You can access the full report (in Spanish) here .