“What discussions she has had with Cabinet colleagues on access to venture capital for women.”
Asked by
Sonia Kumar
Answering Minister
the Minister for Women and Equalities
Answer from Hansard
The Minister for Equalities (Seema Malhotra)
A £250 billion boost could be added to the UK economy if women were given the same opportunity as men to start and scale their business. That is why it is a priority for this Government to increase access to capital for women-led businesses, and to continue to work, as the Chancellor has also outlined, with the Women’s Business Council and the invest in women taskforce, and on supporting the FTSE Women Leaders programme. We have backed the invest in women taskforce, which launched an initial £255 million fund, and there is a £50 million commitment from the British Business Bank to investment via female investors in women-led businesses.