Well, it appears that tech can solve everything except any equity in funding, according to a piece in the SF Business Times.
A study by the Center for Venture Research at the University of New Hampshire found that of 67,000 angel investor deals in 2012, 4 percent involved women-owned startups and less than 1 percent involved minority-owned ventures.
The low percentages are not because of a scarcity of women and minorities seeking cash for their ventures. The Center for Venture Research study showed that women-owned ventures represented 16 percent of entrepreneurs seeking money and minority-owned ventures represented 6 percent of those seeking funding.
To combat this trend, the National Minority Angel Network will hold a seminar May 6 in the Bay Area to help women and minority entrepreneurs in the race for funding. Info can be found here. READ THE FULL PIECE HERE