Women in Tech Dorset’s Post

🚀 Breaking Barriers for Female Founders: £255 Million Secured for Women-Led Businesses! 💼✨ In an incredible milestone for female entrepreneurship, the Invest in Women Taskforce has secured £255 million to support female founders seeking venture capital. Major players like Barclays, Morgan Stanley, Aviva, and others have stepped up to tackle the funding gap for women-led businesses. 🌟 Key Highlights: £255M fund allocated through female investment decision-makers across the UK. Contributions from Barclays, Aviva, M&G (£50M each), and others, including the Visa Foundation (£5M). A critical response to data showing that all-female-founded businesses secured just 1.8% of equity investment in early 2024, down from 2.5% in 2023. This funding is a game-changer for high-growth female-led companies, especially those navigating the later stages of growth. As we celebrate this milestone, the focus for The Lifted Project remains on ensuring these funds benefit women entrepreneurs nationwide, not just in London. 💡 What’s Next? The Taskforce has also hinted at exciting developments in angel funding - a vital step in bridging the gap between early-stage startups and larger VC rounds. Angel investors play a pivotal role in nurturing startups, providing both capital and mentorship, paving the way for larger investments. At Lifted Ventures, we’re committed to amplifying this momentum. By strengthening the pipeline of female-founded businesses and advocating for equitable funding, we aim to make this transformation long-lasting. 📣 Join the Conversation! What are your thoughts on this significant step forward for female founders? How can we ensure this funding reaches businesses in every region? Let’s collaborate to champion equity in entrepreneurship! We've shared our thoughts in a longer article you can find on our website. https://lnkd.in/ePAGCSkn #InvestInWomen #VentureCapital #FemaleFounders #AngelInvesting #Entrepreneurship #DiversityInFunding Jordan Dargue Helen Oldham Zandra Moore Natalie Boswell Lorna Green Claire Lewis Debra Leeves Dr Fozia Saleem Tara Attfield-Tomes Hephzi Pemberton Carolyn Currie Catherine McWilliam Jem Henderson Denise Elena Androne Jo Clough Eleanor Baker