Posts tagged covid-19
How Coronavirus Is Changing the Future of Work for Women

The world is changing at a rapid pace, and the way we work, live and do business has changed along with it. Many changes have been obvious—increases in remote work, online business and flexible work schedules—while others have been subtle shifts toward what many are calling the New Normal.

For women, however, the COVID-19 pandemic has created a unique situation, turning the status quo on its edge. The economic uncertainty in the wake of lockdowns around the world have been labeled a ‘she-cession,’ with more women—especially women of color—being negatively impacted by the current recession. The gender pay gap alone will cost the average woman $900,000 over a 40-year career when compared to the average earnings of a man, and those numbers are much worse for minorities.

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UK’s Coronavirus Startup Rescue Package Disfavors Women-led Startup

This pair of articles discusses the UK government’s £1.25bn ($1.55bn) COVID-19 rescue package for startups, devised by an all-male panel of tech investors. The package, comprised of The Future Fund and Innovate UK Fund, favors startups that already have VC backing – typically launched by men. This built-in bias against women-led companies has raised concerns and sparked debate. Priya Guha, a UK-based Venture Partner of Merian Ventures and a council member of Innovate UK, offers an interpretation of this investment bias.

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