Posts Tagged: "women entrepreneurs"

USPTO Ramps Up Efforts to Promote Women Entrepreneurs

The United States Patent and Trademark Office (USPTO) on Wednesday launched the Women’s Entrepreneurship (WE) initiative to “inspire women and tap their potential to meaningfully increase equity, job creation, and economic prosperity.” The initiative is a collaborative effort with the United States Department of Commerce. “Unleashing the potential of women entrepreneurs is good for business, good for families and good for our economy,” said U.S. Secretary of Commerce Gina Raimondo.

Boys Will Be Boys: Getting a Foot in the Funding Door for Women Entrepreneurs

Much has been written on women’s disproportionate numbers as scientists trained in science, technology, engineering and mathematics (STEM), as well the under-representation of women as inventors of record on USPTO patents. These statistics relate to women’s role in scientific development and inventorship, or in other words: in the creation of intellectual property (IP). Having said that, the reasons why women don’t get funded have little to do with IP, and much to do with the institutional structure of the venture capital (VC) ecosystem, as well as the corporate representation (or lack thereof) of women in senior management and board positions.

Mark Cuban-backed LuminAID receives first U.S. patent, completes $2 million in sales through 2015

The company has been earning a bit of acclaim from media publications for its technology. Tech news outlet CNET has reported that, when deflated, 50 LuminAID solar-powered lights can ship in the same amount of space as eight flashlights. Popular Science also gave the product a glowing review as a useful accessory for campers or hikers. The product hasn’t just attracted media attention, however. It also has wooed the financial backing of Mark Cuban, one of the regular business investors featured on hit reality TV show Shark Tank. Cuban, a billionaire tech investor and owner of the NBA’s Dallas Mavericks, offered to invest in LuminAID’s business on an episode of Shark Tank airing in February 2015.

The Patent Gender Gap: Less than 20% of U.S. patents have at least one woman inventor

Although women have more than quintupled their representation among patent holders since 1977, a pronounced patent gender gap remains. In 2010, according to a new briefing paper by the Institute for Women’s Policy Research (IWPR), fewer than one in five patents had at least one woman inventor named. Although quintupling the number of women inventors over the last 30+ years is impressive, at the current growth rate it is projected that it will take until 2092 for women to reach parity in patenting.

Women’s History Month: PTO Women’s Symposium in Shreveport

Later in the month in Shreveport, Louisiana, the USPTO will hold its 2nd Annual Women’s Entrepreneur Symposium. This event will take place from March 25 – 26, 2012, and is co-sponsored by the USPTO, U.S. Senator Mary L. Landrieu and Cedric B. Glover, mayor of the City of Shreveport. The event will take place at the Shreveport Convention Center, and the symposium has blocked rooms at the Hilton Shreveport. Our very own Social Media Diva™, Renee Quinn, will be speaking at the symposium on the topic of building relationships. The full title of Renee’s presentation is From Inventor to Entrepreneur: Developing and Leveraging Relationships to Drive Growth.

Interview Part 2: USPTO Deputy Director Terry Rea

In part 2 of the interview we discuss the energizer bunny, known better as USPTO Director David Kappos. We also discuss what skills she has brought from a private law practice that she feels will help her most at the Patent and Trademark Office. Finally, we discussed initiatives the USPTO is pursuing to assist women entrepreneurs and the inevitable questions about where we stand with patent reform.