Female entrepreneurs in New Jersey and the nation face an uphill battle in getting the funding needed to start their businesses.
It’s prompted a substantial gender gap: Women led-companies simply don’t get the same level of needed financial backing compared to those founded by all men.
But that gap has gotten smaller in recent years, thanks partly to an increase in the number of female investors. And women have seen the biggest gains among what are known as angel investors, wealthy individuals who finance mostly small companies in exchange for equity.