TLDR:
– Lifted Ventures, a Leeds-based angel investment network, has launched to back women-led startups in the north of England.
– The group aims to address the funding gap for female founders by creating a diverse investment community and providing education programs for investors.
Lifted Ventures, a Leeds-based angel investment network, has launched to support women-led startups in the north of England. The group was founded based on research showing that female-led businesses generate double the revenue for each pound invested, despite receiving minimal funding. With funding identified as a top barrier for women in tech and business, Lifted Ventures aims to create a diverse investment community and provide capital to women-led startups.
The network, led by Jordan Dargue and Helen Oldham, will offer education programs for investors to support both new and experienced investors in backing female-led businesses. The launch comes at a time when female angel investors are facing barriers due to a policy change in the Treasury that raised the income threshold to qualify for angel investor financial promotion protections. The policy, which received backlash for potentially excluding women investors due to gender wealth disparities, is currently being discussed with lobbying groups to find ways to mitigate its negative effects.
