New Businesses: Women

Department for Business and Trade written question – answered am ar 6 Mawrth 2024.

Danfonwch hysbysiad imi am ddadleuon fel hyn

Photo of Stephen Morgan Stephen Morgan Shadow Minister (Defence) (Armed Forces and Defence Procurement), Shadow Minister (Transport)

To ask the Secretary of State for Business and Trade, what steps her Department has taken to implement the recommendations of The Alison Rose Review of Female Entrepreneurship on increasing the number of female angel investors in the UK.

Photo of Kevin Hollinrake Kevin Hollinrake Parliamentary Under Secretary of State (Department for Business and Trade)

The ‘Women backing Women’ campaign was launched under the auspices of the Rose Review via the Angel Investment Taskforce, led by the UK Business Angels Association.

This campaign seeks to support women to become angel investors across all four nations in the UK, and has engaged thousands of new and prospective female angel investors to help unlock new source of early-stage funding for female founders across the UK. Further measures to increase the number of women choosing to become angel investors will be taken during 2024.

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