The perception of female entrepreneurs and their place in business is evolving. The female entrepreneurial community has grown in recent years, with women constituting a third of entrepreneurs managing established businesses. Over 140,000 all female founded companies were launched in 2022, and this figure represents growth by over a third each year. In 2023 it is reported that overare now led by women breaking previous records.
To address the barriers facing female entrepreneurs, a new Taskforce, Invest in Women, was formed with the goal of bolstering the number of high-growth female enterprises. Industry-led and government-backed by the Department of Business and Trade , it is co-chaired by Debbie Wosskow and Hannah Bernard, Head of Business Banking for Barclays Bank., emphasizes the importance of improving funding access for ambitious female entrepreneurs.
Recognizing the imperative of changing the face of investment, Wosskow underscores the significance of increasing female angel investors to alter the investment landscape. Wosskow acknowledges the importance of changing the face of investment;"It's an enormous challenge as a female founder to find ways to tell their story to investors if the people on the other side of the table are always male. That's how we change the dynamic.
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