This new research, published in February and commissioned by Chancellor Philip Hammond at Budget 2017, was undertaken by the British Business Bank, together with Diversity VC and BVCA, and identifies specific barriers faced by female-led firms in accessing venture capital. It will help inform ongoing government work to tackle these barriers and boost the untapped economic potential of businesses.
The report found that venture capital investment in businesses with female founders is increasing but progress is very slow. At current rates, for all-female teams to reach even 10 per cent of all deals will take more than 25 years (until 2045).
To find out more about the report and its findings, listen to a podcast featuring Alice Hu Wagner, the Bank's Managing Director, Strategy, Economics and Business Development, alongside Francesca Warner, CEO and Co-Founder of Diversity VC and David Mott, Chairman, Venture Capital Committee, BVCA, discussing specific barriers faced by female-led firms in accessing venture capital.
Listen to the podcast
Download the report
Watch the documentary