2019 DIRI Impact Day

The Diana International Research Institute Impact Day is the first global convening of researchers, educators, investors, policymakers, women entrepreneurs, and other disrupters who are dedicated to advancing women's entrepreneurship. The theme for the inaugural 2019 Impact Day was Catalyzing New Models and Innovations for Financing Women Entrepreneurs where 215+ stakeholders from 14 states and 8 countries came together to collectively explore practical solutions, develop best practices in acceleration and funding, and generate needed policy solutions to leverage one of the largest economic opportunities of our time. The expected outcomes for the conference were as follows:

  • A first time convening of partners in women-focused venture funds and accelerators/incubators to discuss best practices
  • Ideas in motion - connecting women entrepreneurs, researchers and investors around financing for women entrepreneurs
  • A report summarizing new models for financing women entrepreneurs

A new report released by Babson's Center for Women's Entrepreneurial Leadership calls for new models of funding for entrepreneurial women and documentation of the continued disparity in funding by gender.  

 

The 2019 report advocates a new funding direction by identifying disruptive funding models and best practices for women entrepreneurs across each of the six primary processes that drive entrepreneurial development: identifying, training, connecting and sustaining, funding, enabling public policy, and celebrating.  

The report is sponsored by the Center for Women’s Entrepreneurial Leadership (CWEL) at Babson College, and was developed during the June 2019 Diana International Impact Day event hosted by Babson College.  It is designed to move beyond the idea of fitting women into the existing equity capital model, which has not been working for them.  Instead it seeks to identify new models and disruptions in ways to finance women entrepreneurs. 

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2019 Impact Day Report

The Diana Impact Report calls for new models of funding for entrepreneurial women and documentation of the continued disparity in funding by gender.

Download the Report

Quote Card Icon - TurquoiseIt's time to create and support new models of funding for women entrepreneurs.Tweet: Women face significant challenges in obtaining venture funding but what happens once they've moved into the growth phase? Research reveals women entrepreneurs run into gender-based impediments but develop successful strategies to overcome them. https://ctt.ac/97k9G+

The Impact Day curated a global audience of 218 participants, all of whom have the potential to impact the funding process and outcomes. Participants included investors, accelerator managers, policy-makers, researchers, educators, women entrepreneurs, and other ecosystem supporters.  They provided a multi-faceted picture of the challenges women entrepreneurs face in working through conventional models of financing to acquire growth capital.

In June 7, 2019, the first Impact Day was held at Babson College in Wellesley, MA where 200+ entrepreneurship stakeholders joined us at the culmination of the annual Diana International Research Conference to collectively explore practical solutions, develop best practices in acceleration and funding, and generate needed policy solutions to leverage one of the largest economic opportunities of our time.

See the day's agenda and speaker lineup below.


 

Program Schedule

Time Session
7:30 - 8:30AM

Registration

8:30 - 8:40AM

Introduction/Welcome: Lisa Thompson, Founder & CEO, Sturbridge Growth Partners and Board Chair, Babson Center for Women's Entrepreneurial Leadership


8:40 - 9:00AM


Opening Keynote: Fireside Chat featuring Karen Reynolds Sharkey, Managing Director & National Business Owner Strategy Executive at Bank of America, Private Bank, and Asmau Ahmed, Founder of Plum Perfect
Why We Need New Models for Financing Women Entrepreneurs

9:00 - 10:00AM 






Panel: New Models/Disruptions in Financing Women Entrepreneurs 
Moderator: Suzanne Norris, Partner, Victress Capital
Panelists: 
Jody Rose, President, NEVCA
Trish Costello, Founder & CEO, Portfolia
Lisa Carroll, Vice President & Small Business Solutions Advisor, Bank of America
Natalia Oberti Noguera, Founder & CEO, Pipeline Angels

10:00 - 10:15AM 

Break 

10:15-11:15AM Session A, Round I: Pipeline Issues
Short talk & round table discussions to harness the collective insights of all impact day
attendees, followed by a collective debrief and policy wrap-up

Panelists:
Alicia Robb, CEO, Next Wave Impact
Chip Hazard, General Partner, Flybridge Capital Partners & Investment Partner, XFactor Ventures
Carla Walker-Miller, Founder & CEO, Walker-Miller Energy Services


11:15-12:15PM

Session A, Round II: Implicit Bias
Short talk & round table discussion to harness the collective insights of all impact day
attendees, followed by a collective debrief and policy wrap-up
Panelists:
Maura McAdam, Director of Entrepreneurship, Dublin City University
Angela Lee, Founder, 37 Angels
Marjorie Perry, President & CEO, MZM Construction & Management Co.

Policy Wrap Up:
Nina Roque, Executive Director, National Women's Business Council

12:15 - 12:30PM

Break

12:30 - 12:45PM

Bank of America Keynote Introduction & Research Announcement: Kathleen Auth, Senior Vice President & Market Executive at Bank of America Private Bank

12:45 - 1:30PM  

Lunch with Keynote Speaker: Darryl Thompson, Chief Investment Officer of New General Market Partners & Managing Partner of the New Voices Fund

1:30 - 1:45PM

Break

1:45 - 3:10PM Session B: Ideas in Motion - Collective Problem Solving
Use the collective wisdom and experience in the room to offer actionable solutions
to challenges faced by participants as they advance women founders through research,
investment, education/acceleration, and policy.

3:10 - 3:20PM 

Break

3:20 - 3:35PM Closing Summary - Linking Research, Practice, and Policy
Dr. Patricia Greene, Former Director, Women's Bureau, U.S. Department of Labor

3:35 - 4:00PM

Diana International Impact Day - Changemaker Awards
Presented by Smaiyra Million, Director of the Diana International Research Institute at Babson College

We are proud to announce this year's recipients of the Changemaker Awards:

  • Investor: Jenny Abramson, Founder & Managing Partner at Rethink Impact (Washington, DC)
  • Researcher: Susan Coleman, Professor of Finance at the University of Hartford (Hartford, CT)
  • Entrepreneur: Carla Walker-Miller, President & CEO of Walker-Miller Energy Services LLC (Detroit, MI)
  • Educator: SherRhonda Gibbs, Alvin Williams Chair of Minority Entrepreneurship at the University of Southern Mississippi (Hattiesburg, MS)
  • Policymaker: Patricia Greene, Former Director of the Women’s Bureau at the U.S. Department of Labor (Austin, TX)
  • Ally: Magnus Aronsson, Managing Director at Entrepreneurship and Small Business Research Institute (Stockholm, Sweden)


These awards are granted to individuals whose efforts in the entrepreneurial
ecosystem have advanced women’s access to resources that are critical to
launching and scaling successful
 ventures. Awards are being given in the
following categories: Investor, Entrepreneur, Policy-Maker, Researcher,
Educator, and Ally

4:00 - 6:00PM 

Reception

 
Lead Sponsor:

 



Event Sponsors: