Monday, 14 July, 2025
UK Launches £500M Fund to Support Underrepresented Founders and Investors
The UK’s British Business Bank (BBB) has unveiled a £500 million funding package aimed at addressing disparities in venture capital. The initiative earmarks £400 million to support fund managers from underrepresented backgrounds and £100 million specifically for female-led funds. Slated to roll out from 2026, it includes training for angel investors and pathways to diversify decision-makers. The program aims to ensure at least 50% of investments flow through female-led management.
Read full story at TechCrunch