DIANA PROJECT OVERVIEW
Diana was a heroic woman, a huntress. Women seeking capital are hunters rather than gatherers. They are hunting for capital in a traditionally male-dominated arena.
The Diana Project was established in 1999 to raise awareness and expectations of women business owners regarding the growth of their firms. The growth of women's businesses is central to wealth creation, innovation and economic development in all countries. The creation of the research consortium involving the five project partners coincided with efforts of other groups around the world to support and advance the growth and development of women-owned businesses. A core belief of Diana is that rigorous research provides a powerful base for influencing systems. Information and knowledge that come from solid data can have irrefutable effects on changing attitudes, opinions and practices.
Diana's research investigates the apparent disconnect between opportunities and resources in equity funding for high growth women-owned businesses. The research team received early funding from the Entrepreneurship and Small Business Research Institute (ESBRI/Sweden), the Kauffman Center for Entrepreneurial Leadership, the U.S. Small Business Administration and the National Women's Business Council.
In 2007 the Diana Project was awarded the SFS-NUTEK Award, an international award given to recognize those who produce scientific work of outstanding quality and importance related to entrepreneurship. The Diana Project books include International Women's Entrepreneurship: Research on the Growth of Women Owned Businesses, Women and Entrepreneurship: Contemporary Classics, and Clearing the Hurdles: Women Building High Growth Businesses (republished in Chinese).
The founding members of the Diana Project are Dr. Candida G. Brush (Babson College), Dr. Nancy M. Carter (Catalyst), Dr. Elizabeth J. Gatewood (Wake Forest University), Dr. Patricia G. Greene (Babson College), and Dr. Myra M. Hart (Harvard Business School, retired).