{"id":6774,"date":"2019-02-08T10:03:38","date_gmt":"2019-02-08T10:03:38","guid":{"rendered":"https:\/\/www.openbusinesscouncil.org\/?p=6774"},"modified":"2022-05-04T21:37:57","modified_gmt":"2022-05-04T21:37:57","slug":"revealed-women-make-up-only-a-third-of-all-entrepreneurs-in-the-u-k","status":"publish","type":"post","link":"https:\/\/www.footballthink.com\/revealed-women-make-up-only-a-third-of-all-entrepreneurs-in-the-u-k\/","title":{"rendered":"Revealed: Women Make Up Only A Third Of All Entrepreneurs In The U.K"},"content":{"rendered":"
\"Revealed:
Revealed: Women Make Up Only A Third Of All Entrepreneurs In The U.K<\/figcaption><\/figure>\n

As the Treasury announces that only 1p of every \u00a31 of venture capital funding goes to entirely women-led start-ups, IW Capital launches its Women’s Entrepreneurship Index. The index explores why it is that women have to work so much harder to start their own businesses, through no fault of their own.<\/p>\n

Luke Davis, CEO and Founder of the company that commissioned this research \u2013 IW Capital \u2013 commented on the findings;\u00a0\u201cAfter this week’s Treasury announcement regarding venture capital funding, this subject has scarcely been more important.\u00a0Optimum productivity across our private sector can only be secured by utilising the full capacity of this nation\u2019s diverse talent pool. Failing to do so will of course impede the growth and success of our economy, with up to 50% of the potential and subsequent productivity being restricted.<\/em><\/p>\n

What has been found in the index reiterates a study\u00a0conducted by the UK Business Angels Association (UKBAA) which showed the disparity between the potential investment available for men and women. It\u00a0found that over half (54%) of female Angel investors had backed at least one female-founded business whilst only a small minority of male investors had done the same. This is worsened by the finding from the Women\u2019s Entrepreneurship Index that men are three times more likely to have greater than \u00a3250,000 of investible assets available than women (9% of men vs 3% of women).<\/p>\n

The SME arena contributed \u00a31.9 trillion to the UK’s economy in 2017 and so making sure that it has the widest possible pool of talent to draw from is vital. As the backbone of the private sector, they will be a huge factor in determining the success of Brexit in March and onwards. Encouraging investment into female-founded businesses is clearly something that must be improved upon through legislation as well as fostering an environment in which women feel that they have the support and resources available to start businesses,\u201d <\/em>continued Mr Davis.<\/p>\n

Other Key Statistics<\/strong><\/p>\n