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In 2020, Americans filed more than 4.2 million applications for startup businesses a 24% increase from the previous year and the largest number of applicants over the past 15 years, according to U.S. Census figures.
Many startups were launched by women who were 1.8 times as likely as men to be laid off during the pandemic. Despite the uptick in female-led companies over the past two years, women continue to face a key challenge in building a strong foundation for business growth: access to venture capital. ....