Female and male entrepreneurs differ in the way they finance their businesses. This can be attributed to the type of business and the type of management and experience (indirect effect). Female start-ups may also experience other barriers based upon discriminatory effects (direct effect). Whether gender has an impact on size and composition of start-up capital, is the subject of the present paper. To test for these direct and indirect effects data of 2000 Dutch starting entrepreneurs, of whom approximately 500 are women, are used.

Entrepeneurship, Financing, Gender, Start-ups
Financing Policy; Capital and Ownership Structure (jel G32), Economics of Gender; Non-labor Discrimination (jel J16), Firm Objectives, Organization, and Behavior: General (jel L20), Business Administration and Business Economics; Marketing; Accounting (jel M), New Firms; Startups (jel M13)
Erasmus Research Institute of Management
ERIM Report Series Research in Management
Copyright 2000, I. Verheul, A.R. Thurik, This report in the ERIM Report Series Research in Management is intended as a means to communicate the results of recent research to academic colleagues and other interested parties. All reports are considered as preliminary and subject to possibly major revisions. This applies equally to opinions expressed, theories developed, and data used. Therefore, comments and suggestions are welcome and should be directed to the authors.
Erasmus Research Institute of Management

Verheul, I, & Thurik, A.R. (2000). Start-Up Capital (No. ERS-2000-07-STR). ERIM Report Series Research in Management. Erasmus Research Institute of Management. Retrieved from http://hdl.handle.net/1765/16