Plans to increase the number of British female entrepreneurs by 50% have taken a leap forward this week, with major banks and venture capital firms coming together at Downing Street to sign what is called the Investing in Women Code, signalling their support for a hugely important cause for the UK economy and business and investment landscape.
The Investing in Women Code is a commitment to support female entrepreneurship in the UK by improving women’s access to the advice, resources and finance needed to build a business.
After the introduction of the Investing in Women Code, this subject has scarcely been more important. Optimum productivity across our private sector can only be secured by utilising the full capacity of this nation’s diverse talent pool. Failing to do so will of course impede the growth and success of our economy, with up to 50% of the potential and subsequent productivity being restricted.
The SME arena contributed £1.9 trillion to the UK’s economy in 2017 and so making sure that it has the widest possible pool of talent to draw from is vital. As the backbone of the private sector, they will be a huge factor in determining the success of Brexit and onwards. Encouraging investment into female-founded businesses is clearly something that must be improved upon through legislation as well as fostering an environment in which women feel that they have the support and resources available to start businesses.
IW Capital is keen to help SMEs that need assistance to plan for the future and find the right kind of investment in order to help them reach the next level.
To find out more about IW Capital, or for more information on investment and non-executive opportunities, please speak to a member of the IW Capital team today on 020 7015 2250, or email firstname.lastname@example.org