Tech conference DLD: SAP: women often have the better ideas

In the United States have flowed in the past year, only 2.2 percent of the total risk capital of only women-founded Start-ups. The results from the data of the market analysis of company’s Pitch Book Data. The German software group SAP wants to change that. Because even with a view on Europe is no different, in this Region, only 2 percent of the risk capital even for Start-ups in this group – and only 5 percent of the risk capital to Start-ups with at least one founder, as the data from Atomico Investment. With regard to migrants, it does not look better: Black and Latin American entrepreneurs in the United States are facing similar and often even greater challenges.

Carsten Knop

editor-in-chief of digital products.

F. A. Z. Twitter

The Figures were confirmed at the digital conference DLD in Munich, Germany by the well-known Venture capitalist Yaron Valler of Target Global: Who does not use the Potential of women as entrepreneurs and support waivers to 50 percent of human creativity. It was a big mistake, said Valler. In addition, minorities and migrants are likely to never understood as a threat, but should be seen as an opportunity. Therefore, SAP will undertake in Munich on Monday to up to 40 percent of the investable capital of his still quite young “SAP.to use iO-Fund“, in order to promote within the next five years at least 200 Start-ups are founded by women or minorities.

“We don’t do that, to calm a guilty Conscience”

The “SAP.iO Fund“ was launched in March of 2017 with a volume of $ 35 million and has so far upsinvestiert directly in more than 15Start -.”SAP is committed to improve the conditions of competition for entrepreneurs and minority founders in the Start-up Ecosystem,” said Deepak Krishnamurthy, the Chief Strategy Officer of SAP, FAZ.NET on the sidelines of the DLD: “We are the first company in the industry that is committed to inclusive entrepreneurship, by investment and incubation with SAP.iO combined. And we don’t do that, to calm a guilty Conscience, but because women often have the better ideas and in our funds for a better return.“

John Torrendo

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