Bangalore: Women are always said to be equally competitive irrespective of whatever field we are talking about. Then why has the field of technology and tech related entrepreneurship not seen many women competitors? Apart from a few names like Sheryl Sandberg, the COO of Facebook and Virginia Rometty, CEO of IBM there are hardly any names of women who have made a mark.

“The earning power of women will increase in the coming decade,” said a dynamic group of women at the Women in the World Summit, but how? Susan Lyne, the chairperson of Gilt Groupe, pointed out some factors that prevent the growth in the women strength of the entrepreneurship world and how can the situation be improved, as reported by Business Insider.

Why is there a lack of Girl Power in entrepreneurship? Here are some facets of industry that result in the big gender gap and their proposed solutions.

1. Get more women VCs

There is a big void in the number of women investors who invest in tech related projects. According to Susan, it is a general notion that men like the ideas pitched by the same gender, which is quiet true. So, the deficiency of financial encouragement and trust shown from the funding firms results in the evaporation of the women from the fields of technology who at least had an idea and wanted to make it big. Many companies are hence working towards increasing the number of women investors in their organizations. For instance, as per a Business Insider report, Amanda Steinberg, founder and CEO of DailyWorth, told that 40 percent of women now out-earn their husbands, which has huge economic implications and she was intentional about finding female investors for her company, for which she raised $3 million in venture capital.