Research indicates that more investment in businesses led by women and ethnic minorities could enhance the UK equity market by 13%. Although the Investing in Women Code shows positive progress in funding female founders, data from The Gender Index reveals a decline in active female-led companies in 2024. Minister Poppy Gustafsson emphasizes the necessity of tackling barriers for female entrepreneurs and notes the significant investment gap in the UK technology sector, highlighting ongoing efforts to support female-led businesses through the Investing in Women Code initiative, which has expanded significantly since 2019.
Investing in Women Code found that though its signatories are making progress when it comes to funding female founders, research from The Gender Index shows the number of active female-led companies in the UK dropped in 2024.
Poppy Gustafsson highlighted that the community of signatories represents forerunners who recognize that there is both a moral and business case for investing in women.
The investment gap in the UK technology sector reveals that underrepresented groups have difficulty securing necessary funding for sustained growth.
Investing in Women Code aims to assess why female-led businesses face challenges accessing funding and to find solutions, growing from 12 signatories in 2019 to 290 last year.
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