Women business angels expected to rise in 2010

A new national programme to attract women into business angel investing has been announced by Finance South East  and the British Business Angels Association (BBAA)

Less than 5 per cent of the UK’s angel investors are female and Women into Investing is a series of training events and investment opportunities to increase their numbers.

The organisers believe that breaking down the barriers in male dominated investment communities will increase the flow of equity to ambitious businesses as well as giving female investors the potential for substantial returns.

Women into Investing is launching at The Roof Gardens, Kensington, London on the 9th June from 12 till 2.30pm. Attendees will learn about the background to business angel investing and hear first-hand accounts from experienced female investors.

The FSE and the BBAA’s joint initiative will also include a member-led female investor club later in the year.  Sally Goodsell, CEO of FSE said: “I have always believed that business angels are the lifeblood of early stage businesses, investing some £800m-£1bn annually across the UK in growing young companies.

However, despite the high number of successful women in the UK, with women accounting for nearly half the millionaires in Britain, currently only about five per cent of business angels in the UK are women. We want to change this figure for the better which is why we have joined forces with the BBAA to engage more women in this interesting and potentially highly rewarding activity.

Women are in a great position to bring both their financial capacity, business skills and experience to support the growth and success of innovating SMEs, offering the potential for significant returns.”

Finance South East has a unique business model. Whilst its funds are managed on a commercial basis to meet investor requirements FSE is a not-for-profit entity that does not distribute surpluses. The organisation has offices in Camberley and Ipswich, and works across the South East of England and surrounding areas. The team has won many awards for its innovative approach to funding SMEs.

Tags: , , , , , ,

MediaModo Network
Get Adobe Flash player
Read previous post:
Lack of private backing threatens firm’s move to Scotland

An English medical ­company founded by the inventor of Clear Blue pregnancy kits was offered £250,000 of public money to...