College of Business > About > Centers & Institutes > Women in Entrepreneurship Institute
The Women in Entrepreneurship Institute is the nation’s first comprehensive Institute for women founders that integrates academic learning, research, incubation, funding and public policy. Launched in July 2018, the Institute supports women entrepreneurs through academic research and programs as well as initiatives that invest in the success and sustainability of women-owned businesses.
The Women in Entrepreneurship Institute is currently accepting applications for the fourth cohort of the Business Accelerator Program. All Chicago-based companies that are 51%-plus, women-owned and have annual revenues between $50,000 and $1,000,000 are welcome to apply. Apply by Jan. 24.
Apply to the Business Accelerator Program
Designed and delivered by successful women entrepreneurs, the institute’s accelerator program aims to prepare you to bring your business to market, or help you scale your existing business and enter new markets.
“The support I received from the DePaul community while developing EarlyVention was, and continues to be, invaluable. The center connected me to different networks of entrepreneurs and experts that helped boost my confidence to keep going. Today, I still feel that DePaul has my back. The Purpose Pitch Competition is one of many examples of the support and encouragement I continue to receive on this entrepreneurial journey, and it has made all the difference.”
In recent years, an increasing number of women have started businesses. These women founders face obstacles such as securing financing, gender bias, lack of confidence, limited mentorship opportunities and lack of training to see their ideas to fruition.
only 2% of venture capital funding was awarded to women-led companies, despite women owning 38% of businesses in the country.
Growth rate for women-owned businesses nationally, compared to 44% for all businesses 1997-2017.
Share of startups founded by women students and faculty members at Illinois universities, compared to 17% nationally.
Illinois is in the lowest 20% of U.S. states when it comes to the economic clout of women-owned businesses in the state.
Data pulled from Harvard Business Review, Illinois Science and Technology Coalition and 2017 State of Women Owned Businesses Report.