Written Question·Department for Business and Trade·UIN 43514
New Businesses: Investment
Tabled: 2 April 2025
Answered: 16 April 2025
Question
Kanishka Narayan
Labour — Vale of Glamorgan
To ask the Secretary of State for Business and Trade, what assessment he has made of the potential impact of funding disparities on the growth potential of female-led and minority-led businesses; and what steps he is taking to work with public investment
Answer
Gareth ThomasAccording to data from research firm Beauhurst, the proportion of equity finance to female-led teams was stark at 2% in the first half of 2024, in comparison to 86% for all-male teams. To directly increase this, the government-backed Invest in Women Taskf...
ⓘ
This is an extract from the Parliament API. Search the full answer on Parliament.uk (UIN 43514) →