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NBC News | Gender economist Katica Roy: Female-owned business’ access to cash is mission-critical to save our economy

Apr 29, 2020

When we voluntarily shut down the economy to contain the spread of a highly contagious virus, our economic gears grind to a halt. And as a result, many structurally-sound, viable startups have suffered.

In fact, a full 20 percent of startups have had term sheets cancelled as a result of COVID-19. And only a quarter of startups that were currently raising funds before the pandemic have either had the fundraising processes continue or actually received funds.

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