Gender-equal distribution of venture capital at SSE Business Lab
SSE Business Lab is the startup incubator of the Stockholm School of Economics. The incubator is an integrated part of the School, working to encourage entrepreneurship among students, alumni and faculty. Through coaching, mentorship, workshops, and access to a first-class network of investors, SSE Business Lab helps startups develop their ideas, accelerate their growth, and create impact.
Last year, 74% of the capital raised by SSE Business Lab startups went to mixed or all-female teams. This can be compared to the fact that, in Sweden in 2020, only 1% of venture capital went to female co-founded companies. SSE Business Lab CEO Julia Delin sees this as clear evidence that when structural obstacles are removed, capital distribution becomes much more egalitarian.
"Equality is something that permeates our entire organization and not just a focus area we work with when there's time," says Julia Delin.
SSE Business Lab works with gender equality and diversity by, amongst other initiatives: having a diversity criterium in the admissions process of their Incubate program; having workshops on gender equality; and, saying no to venture capital firms without women in management.