Women-owned companies receive only 2.2 percent of venture capital dollars, social impact company HealRWorld CEO Michele Bongiovanni told an audience of investors Tuesday. Bongiovanni spoke at an event marking the launch of a public-private accelerator between HealRWorld and the New Jersey Innovation Institute in support of sustainable development goals of the United Nations. The lack of funding for women-owned companies prohibits their innovation, she said.
“We hear a great deal about social investing,” Bongiovanni said. “If we want to change the world, we need to start investing in the companies that are.”
Gov. Murphy gave a videotaped message, saying he wants to see New Jersey “dominate the global innovation economy.” Read more here.