The British Business Bank, owned by the UK government, creates 500 million pounds (about 674 million dollars) The economic package for assistance Support the directors and founders of the funds in the country.
Fifty million pounds will be allocated to female investment funds, which means that BBB has now committed at least 100 million pounds (about 135 million dollars) for female and government projects Invest in the work band. Meanwhile, you will go 400 million pounds (about $ 539 million) to support the most diverse fund managers and support companies in the early stage, as well as help enhance the talent pipeline to provide those from backgrounds deprived with an opportunity to become investors. The publication package begins in 2026.
BBB said in a press statement announcing investment last week: “The initiative that announced today aims to reduce the large gap in investing the investment capital of the founders and investors represented incomplete.” “It will target at least 50 % of the investment that goes to female fund managers.”
It comes at a time when the UK continues to push it to attract talents and preserve it to its adventurous ecosystem. The press statement states that “breaking down barriers that prevent the opportunity will help to push growth as part of the government’s plan for change”, which includes various strategies to help increase economic growth in the country.
For women and colored people, the scene in the UK can often be frustrated, as in the United States in the United States, about 13 % of the UK adventure teams at a large level, while the gloomy amounts of project financing go to minorities (Less than 2 % for black founders As of the 2023 report, and 2 Pence (about 3 cents) per 1 pounds ($ 1.35), the investor goes to women.
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