Ms Julie Sinnamon:

I have not seen any research. Having looked at the projects, when we had our first female feasibility fund, not one female looked for the full amount of money. I have never seen males applying who did not look for the full amount of money. There is a pace in terms of buying projects off in smaller pieces which will probably show a smaller failure rate over a period but potentially less as they do not achieve as fast because of the aspiration. That is one of the issues in terms of working with the confidence and ambition to make sure the full potential is reached. I have not seen any specific figures; it is all anecdotal.