40% of businesses in the United States are owned by women, but female biotech founders are few and far between. Studies have found that despite women making up 22% of the faculty at MIT, fewer than 10% of 250 start-ups by MIT faculty members were founded by women. The Future Founders Initiative aims to change that.
This article from MIT News discusses how MIT faculty members are working with members of the biotech community in Boston to highlight women’s discoveries in biotech, promote female entrepreneurship, and — hopefully — inspire more women to launch their own biotech startups.
The Women & Wealth practice at Hoyle Cohen offers women a deep bench of talent designed just for them, including strategic planning for women-held businesses. If you or someone you know could benefit from a conversation centered around your specific needs, financial situation, and long-term goals, please get in touch.
This article was written by MIT News, an entity unrelated to HoyleCohen, LLC. The information herein is intended for educational purposes and has been selected by HoyleCohen due to the timeliness of the subject matter.
