Susan Coleman, Professor of Finance in the Barney School of Business, recently published an article in Venture Capital's special issue on “New Perspectives on Women Entrepreneurs and Finance.” Her article “Linking Women’s Growth-oriented Entrepreneurship Policy and Practice: Results from the Rising Tide Angel Training Program,” with co-author Alicia Robb, appeared in the 2018, volume 20 issue of Venture Capital (p. 211-231).
Abstract: The Rising Tide Angel Training Program was launched to address the public policy priority of increasing the number of growth-oriented women-owned firms by expanding the entrepreneurial ecosystem in ways that will benefit women. In particular, the founders sought to address structural weaknesses in a key component of the entrepreneurial ecosystem, women’s access to financial capital in the form of equity, mentorship, and contacts. The Rising Tide Angel Training Program was launched in the fall of 2015 with the goal of increasing the number of women angel investors capable of investing in growth-oriented women-owned firms through a program of education, training, and hands-on experience with the angel investing process. In this article we present our findings from the first Rising Tide training cohort in terms of changes in participants’ motivations, attitudes and expectations as they relate to angel investing. We also present findings on changes in knowledge, skills, and the ability to evaluate investment opportunities. Finally, we identify and discuss key “takeaways” from our first year’s experience with the Rising Tide Angel Training Program and next steps.