Written questions

Venture Capital: Ethnic Groups and Women

Commons · Question 45740 · Tabled 17 Apr 2025 · Department for Business and Trade · Official record

Answered 30 Apr 2025

Question

Asked by Sarah Olney

To ask the Secretary of State for Business and Trade, what steps his Department is taking to help increase representation of (a) women and (b) minority ethnic founders in venture capital funding.

Answer

Answered by Gareth Thomas, 30 Apr 2025

The Department leads on the Invest in Women Taskforce (IWT) and the Investing in Women Code (IWC). In November, the IWT launched a £255 million fund for female entrepreneurs, which will be invested through female investors in the UK, including backing fem...