Written Question·Department for Business and Trade·UIN 45740

Venture Capital: Ethnic Groups and Women

Tabled: 17 April 2025
Answered: 30 April 2025

Question

Sarah Olney

Liberal DemocratRichmond Park

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

Gareth Thomas
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...

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