March 19, 2018 — Our CEO Arlene Dickinson calls for more action when it comes to investing in women entrepreneurs.
She recently sat down with BNN to discuss why Canada needs to do less research and more actual investing in women entrepreneurs. Also as the managing director of District Ventures Capital, Dickinson shared that recent efforts by the federal government to boost spending in female-led businesses are too focused on the technology sector.
“I’m actually tired of all the research and study that’s being done in this area,” Dickinson said. “It’s been proven over and over again that there is a problem in investing in women in this country and we don’t need another study to tell us that.”
She also said there needs to be greater education within the investing community geared towards investing in female-run businesses, but not one that’s motivated by fulfilling quotas.
“I’m a big believer in meritocracy. I don’t like quotas. I don’t like [when] we force ourselves to do something simply because you’re a female. But, I do think it requires a different listening skill for how women will pitch their businesses in some instances.”
Dickinson says she is leading by example on that front with her own firm District Ventures Capital, which is investing in Canadian food and beverage and health and wellness companies.
“I think these are sectors that are very underlooked in this nation. We focus so much on technology, that we sometimes avoid the other regions that we have a lot of expertise in — health and wellness, agriculture being two of those.”
“We have invested in a lot of female-run businesses, but not because we are focused on investing in women, but because we are focused on investing in the right people and the right entrepreneurs.”
Watch the full interview on BNN by clicking here.