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Wednesday, 24 May 2017

Just 9 per cent of funding goes to women-led startups – it is crucial we correct this imbalance

Just 9 per cent of funding goes to women-led startups – it is crucial we correct this imbalance
- Meanwhile, male entrepreneurs were found to be 86 per cent more likely than their female counterparts to raise venture capital funding and 56 per cent more likely to win angel investment.
What this research tells us is that there is a vast resource of untapped entrepreneurial potential in Britain: while the proportion of the female working population founding a business soared from 3.7 per cent to 7.1 per cent between 2009 and 2012, it has slumped since. Had we maintained the levels of female entrepreneurship from 2012, the UK economy would have benefited to the tune of an estimated £1.35bn in 2015 alone.