Business news from Ukraine

Business news from Ukraine

VENTURE CAPITAL COMPANY TA VENTURES PLANS TO SUPPORT STARTUPS WITH FEMALE CO-FOUNDERS

4 December , 2020  

The venture capital company TA Ventures, which invests in innovative Internet projects in Ukraine, the USA and Europe, founder and Managing Director of which is Victoria Tigipko, plans to open a fund to support startups, co-founders of which are women.
“Next year we will create a small fund for women in startups, with the condition that at least one woman be a co-founder of a startup,” she said at a press conference on the first anniversary of the Ukrainian Startup Fund in Kyiv on Thursday.
Tigipko noted that if a woman is included in the top management of a startup, the team earns 2.5 times more. Citing Baker McKenzie, she said that if there are three more women in the management of a company than its competitors, the company earns 3% more.
According to Forbes, TA Ventures has 128 investments worth more than $60 million. The fund’s largest investment is $3.85 million.

, ,