Why Supernovas?
EIT Food, EIT manufacturing and EIT Urban Mobility join forces in SUPERNOVAS to bring more women into the entrepreneurship ecosystem. We empower woman-led start-ups, enable women to join the early-stage funding industry and inspire role models across the sector.
SUPERNOVAS seeks to unleash the potential of women, in order to break barriers and increase female presence and role in the entrepreneurship, innovation and investment ecosystem.
The facts
Women are currently very underrepresented both in deep-tech entrepreneurship and venture investment, and these two facts reinforce each other:
- Only 15% of deeptech startups are founded or co-founded by women
- Women-led startups raise less funding than their male counterparts – across Europe, only 2% of venture capital goes to all-female teams and around 5% to mixed teams.
- Venture Capitals lack gender diversity globally: 85% of investment committees are all-male and only 13% of VC partners are female
- We aim to help build the next generation of women-led deeptech startups and maximize their success chances by: increasing female presence in early-stage investment (both in VC and as business angels); supporting female-led startups in their internationalization, scaling-up and fundraising efforts; empowering female entrepreneurs; creating role models and raising awareness.
The EIT Community is a collaborative network comprising the European Institute of Innovation and Technology’s (EIT) long-term partnerships, known as Knowledge and Innovation Communities (KICs). These KICs are dedicated to driving systemic change in Europe and beyond, focusing on key areas such as climate change, energy, health, food, manufacturing, raw materials, digitalisation, urban mobility, culture and creativity. By harnessing the collective expertise of the KICs, the EIT Community initiatives power innovation, entrepreneurship and creativity in Europe. We believe that together we can foster a competitive, inclusive, and sustainable European economy for generations to come.