TLDR:
- Increasing number of women starting businesses in the UK.
- Female-led businesses face challenges in raising equity finance.
Article Summary:
British entrepreneur Emma Sinclair MBE is using crowdfunding to encourage more women to become angel investors. The initiative, dubbed Be My Angel, in partnership with Crowdcube, aims to provide opportunities for women to invest in startup and scaleup companies. Sinclair believes that increasing the number of female angels could help address the funding gap for female-led businesses. The campaign will start with investments in Sinclair’s company, EnterpriseAlumni, and will later include other female-owned businesses. By encouraging women to invest in women, Sinclair hopes to challenge the systemic biases in the funding landscape. The wider campaign also aims to address the funding challenges faced by female entrepreneurs and unlock the potential value in businesses led by women.
