A DIVERSITY MAP OF THE ROMANIAN STARTUP ECOSYSTEM

About this good practice
The StepFWD Diversity Report, developed by StepFWD pre-accelerator, is a critical tool for advancing gender equality in STEM by shedding light on key challenges women face in the Romanian startup ecosystem. By focusing on both gender disparities and the varying perceptions of diversity, it highlights that women, who are often underrepresented in tech and startups, place a higher value on diversity than men (51% vs. 34%). This suggests that gender-specific strategies are needed to address inclusivity. The report reveals a troubling gender gap in access to capital, particularly at later funding stages, where men dominate funding rounds. While early-stage startups have relatively equal funding, the gender disparity widens as startups scale, reflecting a significant barrier for female entrepreneurs. This disparity in funding reinforces the need for policies that provide equal opportunities and access to resources for women. 19% of respondents experienced discrimination, with 80% of women reporting gender-related issues. This highlights persistent gender-based challenges and the importance of creating safe, inclusive environments. By highlighting these challenges and the need for systemic change, the StepFWD Diversity Report serves as an essential practice for encouraging gender equality and improving women’s employment in STEM fields. Its data-driven approach helps identify where change is needed, making it a vital resource for fostering a more inclusive, equitable ecosystem.
Resources needed
The StepFWD Diversity Report was made possible through the StepFWD Together program, funded by a grant from Innovation Norway. This funding likely provided the necessary resources for research, data collection, and analysis to generate insights on gender diversity in the startup ecosystem.
Evidence of success
94 startups - 89 startups with at least 1 marker of diversity and 50 startups with employees belonging to an underrepresented group.
Unique initiative - two editions of the Diversity Map
Potential for learning or transfer
The StepFWD Diversity Report offers valuable lessons for promoting gender equality in STEM. Its data-driven approach and focus on diversity in the Romanian startup ecosystem can be adapted globally to address gender gaps in tech. The report emphasizes the importance of collecting and analyzing demographic data to uncover systemic issues, which can be transferred to other regions or industries. Programs like StepFWD Together, backed by grants, also highlight the potential of public-private partnerships in driving diversity initiatives.
Further information
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Good practice owner
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