In recent years, most sectors have benefited from an explosion in the creation of startups in different entrepreneurial environments. Along these lines, there has been a growing interest in the role of informal investors in the creation of new companies with the aim of identifying the characteristics that could help governments and regulators to promote different measures that help economic growth. Various studies identified that informal investments (that is, those that cover the financing needs of business plans in their entrepreneurial stage) contribute to entrepreneurial activity at national level. The objective of this analysis is to identify the factors that characterize the female informal investors in Europe. The analysis will be performed using data from the website "Global Entrepreneurship Monitor" (GEM) from the year 2015 at the individual level for different regions in Europe (South Europe, Central Europe and North Europe). The purpose is to evaluate characteristics of female informal investors in different European countries with the objective of facilitating the identification of potential measures or actions that could be implemented by national and local organisms to promote informal investment, and in general to support entrepreneurship.

Author Biography

María De Las Mercedes Barrachina Fernández is a student at CEINDO, Law and Economics Program, CEU San Pablo University, Madrid, Spain. She has led different technological projects in many different countries such as Japan, United Arab Emirates, Russia, Peru, Switzerland or France, and has experience working with Big Data and developing neural networks for predicting purposes. Email: mar.barrachina.ce@ceindo.ceu.es ORCID: https://orcid.org/0000-0003-4718-4495