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# Startup Visionary Awards awarded to Founder Institute Oslo
- URL: https://www.pesec.no/startup-visionary-awards-awarded-to-founder-institute-oslo/
- Published: 2019-08-26T09:00:00.000Z
- Updated: 2020-02-21T12:29:12.000Z
- Description: Founder Institute Oslo achieved a cohort with 75% Female Alumni in 2018, winning a Startup Visionary Award.
- Author: Bruno Pešec
- Tags: Founder Institute

I'm happy to share that Founder Institute Oslo has been awarded the title of *Diversity Champion*. All credit should go to [Dimitris Polychronopoulos](https://www.linkedin.com/in/dpolychronopoulos/?ref=pesec.no) and female founders that persisted and worked on their business until the very end - proving they are worthy of being Founder Institute graduates.

You can read more at:

[Startup Visionary Awards: Recognizing the Diversity Champions of the Founder InstituteIt has been widely reported that less than 3% of venture capital is awarded to female founders.Changing this trend in the startup and technology community is![](https://fi.co/favicon.ico)The Founder InstituteDustin Betz![](https://fi.co/system/posts/Local-Leader-Awards---Diversity-ChampionV2.jpg)](https://fi.co/insight/diversity-champion-2018-award?ref=pesec.no)

Excerpt from the article above:

> It has been widely reported that [less than 3% of venture capital](https://pitchbook.com/news/articles/the-vc-female-founders-dashboard?ref=pesec.no) is awarded to female founders.

> Changing this trend in the startup and technology community is one of the highest priority goals of the Founder Institute, so in 2016 we formed the [Female Founder Initiative](https://www.femalefounderinitiative.com/?ref=pesec.no) to leverage our global network and create more opportunities for women to build successful companies. Each year of the initiative we have increased the number of women-founded portfolio companies created through our pre-seed accelerator, and we believe we can make a lasting impact in the technology sector if 40% of our portfolio companies produced in 2020 are founded by women.

> We recently did an internal data dive to explore which Founder Institute chapters that showed the most progress in gender equality in 2018, and we would like to ****publicly recognize the Local Leadership teams from across the world who have shown exemplary dedication in championing diversity within their own local startup ecosystems.** Each of these FI chapter leadership teams is being recognized for having reached ≥50% female alumni in their 2018 cohorts - congratulations, FI Leaders!

![Local Leaders: Dimitris Polychronopoulos, Bruno Pesec, Alex Hsi, Faraaz Ali. Founder Institute Oslo achieved a cohort with 75% Female Alumni in 2018.](https://storage.ghost.io/c/72/d5/72d522ba-f2e5-4415-a19c-d8f567c36347/content/images/2020/02/Screenshot-from-2020-02-21-13-11-59.png)

*You can spread the word by sharing the article above or this [LinkedIn post](https://www.linkedin.com/posts/the-founder-institute%5Fit-has-been-widely-reported-that-less-than-activity-6571778547688579072-Bu9n?ref=pesec.no).*