Lack of women angel investors creates growth barrier for female entrepreneurs
London’s first co-working space for female entrepreneurs opens A co-working space designed specifically for female entrepreneurs and startup founders has opened near the Silicon Roundabout in East London. __________________________________________________________________________________ my financial advisor assumed, as a woman, I was risk averse and I should look at safe options. He never mentioned Angel investing or the EIS tax relief scheme, one unnamed UK based woman investor told the study. Other barriers to investment centred around personal circumstances and attitudes. Over half the women non-investors surveyed thought that life stage and other priorities prevented them from angel investing. Two-thirds of non-investor women didnt know what angel investing is and 40 per cent of non-investors identified it as too risky. Jenny Tooth, chief executive of the UKBAA, said such gender-skewed advice? was leading to a grave lack of women angel investors in Europe. She said the research should be used as a catalyst to identify and address the barriers that exist around females who are or wish to angel invest. The study supported and part-funded by the European Commission – found that when they did invest 54 per cent put their money in to at least one company founded by women. Nearly 20 per cent have invested in 3 to 10 women founders. This, it said, compared with only a few leading male angels investing in women led businesses. The study also revealed that nearly 80 per cent of women investors were putting in less than 20, 000 per funding round, with only 11 per cent investing between 20, 000 and 50, 000. From traditional bank loans to crowdfunding, and from venture capital to invoice financing there have never been more options for small business owners to finance their future growth. But what business funding avenue makes most sense? Join Business Advice for our first?webinarof 2018 when well be taking a look at the business funding landscape.