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FEMALE INVESTORS FUEL JOB CREATION IN THE UK

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A recent study titled Women Angel Insights: The impact of female angels on the UK economy found that female business angels have backed businesses that have gone on to reach high growth and scale over the 10 years of tracked deals contributing to the creation of 10.3k jobs, with this cohort of companies reporting an average headcount growth of 24.8%, facilitated by the investment they have received.

This confirms, as pointed out by Jenny Tooth OBE, Executive Chair, UK Business Angels Association and Co-Chair of the Women Angel Investment Task Force, “the huge contribution that female angel investors are making across the UK to building successful entrepreneurs in our economy.”

However, the study also shows “that female angel investment remains severely underdeveloped and patchy across regions in the UK and across various sectors. More work needs to be done to significantly grow the pool of women angels in these underrepresented areas.”

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