04.5 The Next Generation The biggest reservations that hold back students when considering entrepreneurship are the overall perceived risk, lack of funding, lack of ideas and an inability to find a co-founder to join them on the journey. These concerns are generally felt equally across students of both genders, except for access to funding, which is cited significantly more frequently by female students. Selecting any that apply, what are the main Too risky 51% reservations you have when considering Lack of funding 63% whether to become an entrepreneur? 40% Lack of ideas 47% LEGEND Inability to find a co-founder 29% Female Male Lack of support from universities 18% Unattractive lifestyle 13% Lack of support from family/friends 7% Lack of successful role models in Europe 9% 5% Lack of support from 7% incubators/accelerators 0 10 20 30 40 50 60 70 % of respondents Note: Student respondents only Source: Creator Fund is...building a community where potential founders or people interested in starting a business meet other people like them. They realise that entrepreneurship is viable, and that there will be people to support them. “ Entrepreneurship might feel riskier to students because they think they can’t find the funding. Second, students see their friends taking a job at a large corporation or going into a law firm and therefore by comparison it feels risky to break out and start their own thing. I think Creator Fund is changing that by building a community where potential founders or people interested in starting a business meet other people like them. They realise that entrepreneurship is viable, Jamie Macfarlane and that there will be people to support them.” Creator Fund The structural imbalance in access to funds BARRIERS TO ENTREPRENEURSHIP FOR STUDENTS for female entrepreneurs is evident in the reservations that female students have when Female students cite access to funding as considering entrepreneurship % their main reservation when considering 63 whether to become an entrepreneur, versus just 40% of male students & 60 In Partnership with www.thestateofeuropeantech.com