The Invest in Women Taskforce, aimed at improving funding access for female entrepreneurs, has raised £250 million, but its investments will only begin at the end of 2025. MPs have criticized the government for delays, stating a lack of urgency and vision, with all-women founding teams receiving only 1.8 percent of UK venture capital funding in early 2024. The government’s industrial strategy omits women entrepreneurs, a major oversight. Closing the gender funding gap could potentially unlock over £250 billion for the UK economy, according to the Rose Review.
The Invest in Women Taskforce has raised over £250 million, but the fund will not begin investing until the end of 2025, a year after fundraising was announced.
Liberal Democrat MP Alex Brewer criticized the government for its slow progress on funding for female entrepreneurs, calling it a 'tippy-toe' pace and lacking boldness.
All-women founding teams received just 1.8 percent of UK venture capital funding in the first half of 2024, down from 2.5 percent in 2023.
The Rose Review suggested that closing the gender funding gap could unlock over £250 billion for the UK economy, emphasizing the need for government focus.
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