Unfortunately, it is common knowledge that women are underrepresented in technology. In fact, only 5% of technology startups are women-founded, according to Women 2.0. This is all the more alarming when we realize that women-owned startups are actually much more likely to succeed than those run by men. It is with this imbalance in mind, along with a strong desire to support a more diverse startup community in Chicago overall, that 1871 is announcing 1871 FEMtech, a new incubator for women-led startup companies that will launch in Fall 2014 and live right here at 1871.
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