Female angel investors have helped drive more than £2bn of investment in companies across the UK in the past decade, a new study reveals today.
The Women Angel Insights report from the UK Business Angels Association and Beauhurst reveals that more than 5,000 women are making angel investments across the UK, helping to create over 10,000 jobs over the past 10 years.
The report (sponsored by NatWest Group) reveals that women remain a minority in angel investment, which continues to be disappointing to see. The data shows that women are much more likely to invest in female-founded companies (which are currently underfunded compared to their male counterparts), so the shortage of women angels is having an impact on female founders as well. Women angels have a huge impact on entrepreneurship in the UK.
We were pleased to see that as a result of the review the UKBAA, as part of its work with the Rose Review of Female Entrepreneurship via the Women Angel Investment Task Force, will be announcing plans to extend its Women Backing Women campaign of events. These events seek to inform, inspire, educate and empower women to become angel investors. As a result, this should drive investment into female founder led businesses.
We look forward to welcoming more women angel investors into our groups in the years to come and supporting more female led businesses.
You can read the full report HERE.