Investing in Women Code has driven female-led businesses

(2 minutes to read)

Chancellor Rishi Sunak: ‘I’m pleased to see so many of our major banks and venture capital firms taking action by supporting the Investing in Women Code’.

A new report has revealed that a joint government and investor initiative has helped to keep finance flowing to female-led firms and supported jobs throughout the pandemic.

As many as 100 businesses signed up to the Investing in Women Code, with new data suggesting that those signatories are more likely to invest in female-run companies than other investors.

The Code, launched in July 2019, 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.

It was set up after access to finance was identified as the number one disparity between female and male entrepreneurs by the independent Rose Review.

Considering becoming an employee of Contractor Umbrella?

Give us a call on 01206 591 000 or email jaime.thorpe@contractorumbrella.com.

Email Jaime

The Chancellor Rishi Sunak, commented, “Backing Britain’s female entrepreneurs will create jobs and help us build back better.

“I’m pleased to see so many of our major banks and venture capital firms taking action by supporting the Investing in Women Code.

“And I call on others to follow suit and be part of a turning point in attitudes towards investing in female-led businesses.”

The Exchequer Secretary Kemi Badenoch, added, “A diverse and inclusive business environment is good for customers, jobs, entrepreneurs, and society.

“I welcome today’s findings and urge the finance community to build on the success of the code, sign up and help ensure that the innovation, creativity and drive of female entrepreneurs is fully realised through the next stages of our economic recovery.”

To find out more about contracting please contact Amelia on 01206 591 000 or email amelia.bowlez@contractorumbrella.com.

You may also like to read

Female contractors driving self-employment to record figures

Latest findings reveal that self-employment has reached record figures, passing the five million mark. The IPSE is attributing this to the ...

Read More

Self-employed boom powered by female contractors

Latest figures from the Office of National Statistics have shown a record high of people working for themselves. There are now ...

Read More

Female contractors driving the UK’s self-employed revolution

With a 334,000 (63%) rise in highly-skilled female contractors, this has driven the country’s self-employed revolution over the last 10 ...

Read More

Still thinking about if you should join Dolan Accountancy?

Give us a call on 01206 591 000 or email amelia.bowlzer@contractorumbrella.com

BLACK FRIDAY DEAL

One week margin free when you sign up with Contractor Umbrella today!
Hurry - Deal ends at midnight tonight.
CLAIM NOW
      Terms and Conditions: 
1 week margin free or £25 reduction on monthly margin. Online registration form must be completed by midnight 6th December 2019. Payment must be processed and margin redeemed by 31st December 2019.
      
close-link

dav1