New Platform Aims to Address the Gender Funding Gap
by Startacus Admin
“Discover and invest in the UK’s best female-led businesses”
The gender pay gap has been well documented in the media for years and has been at the centre of much attention, discussion, and debate.
Recent studies have found that globally just 10% of venture capital funding is directed towards female founders. This figure isn’t particularly helpful, given the sheer size of The World and the particular nuances of individual nations, but few could argue against the benefits of helping to create a more level playing field on a smaller scale.
With the aim of challenging this imbalance in the UK, Debbie Wosskow, and Anna Jones have just launched AllBright Crowd, a platform which will discover and fund some of the best female entrepreneurs in the country.
The pair certainly appear equal to the task with Debbie being the founder of Love Home Swap, and Anna currently heading up Hearst Magazines UK.
But rather than simply creating a platform on which female founders can access venture capital, they have taken a more holistic approach to proceedings by offering female founders resources and learning Via the AllBright Academy, which will boost investor readiness and ensure that the best startups are given the best support possible.
AllBright Crowd may also prove to be very popular with investors, giving them access to previously untapped entrepreneurial talent, as well as expert support on mitigating risks through tax breaks.
Co-founder, Debbie Wosskow, had this to say about the project “There is some exceptional female business talent in the UK just waiting to be discovered and accelerated. I’ve been on the journey they are making and understand acutely the difference accessing the right funding and support can make, as do our network of angel investors.
“AllBright delivers on two fronts – not only do we get to ‘give back’ investing in and sharing our knowledge with the next generation, but there is also a real financial opportunity for our investors to benefit from the untapped asset class of some of the UK’s best female entrepreneurs.
At Startacus HQ we are in favour of anything which helps to encourage entrepreneurship across the UK, so we reckon this is a great idea.
Why not join the Startacus community of Startups and founders? It’s totally free and will give you access to loads of benefits such as member deals, ticket giveaways, as well as the opportunity to showcase your business, and connect with other entrepreneurs.
Subscribe to our newsletter
If you would like to receive our startup themed newsletter, full of the latest startup opportunities, events, news, stories, tips and advice, then sign up here.
.png)
The lowdown on the Regional Winners of Tech Nation's Rising Stars competition - some of the UK's most promising early stage tech companies.
Loop Not Luck aims to improve social mobility via its innovative job board designed specifically to connect underrepresented candidates to tailored career opportunities.
75% of LGBTQ+ tech founders and investors actively conceal their gender or sexuality from peers in the ecosystem, says first of its kind report.
Leading AI startup Aiir Innovations secures major investment to support global expansion and help set a new standard for engine inspections.
The lowdown on OneThird, the foodtech startup that's tackling food waste via its innovative solution for predicting the shelf life of fresh produce.
Karen Meager, co-founder of Monkey Puzzle Training shares some insights on how leadership has changed in the last decade, and what it takes to be a great leader today.
Freight rate management platform Freightify raises Series A investment to support further international growth and mission to help more freight forwarding companies digitize their operations.
Crowdfunding success for Omni, the vegan dog food brand, reaffirms the recession-proof growth of the pet nutrition industry.
Want to learn a new language? Weeve is an innovative startup that has created an innovative, creative and effective way to help you do just that.
Want to build an investable, scalable tech startup? The Raise Accelerator programme is now open for applications and will help you do just that.
Published on: 25th October 2016
If you would like to enable commenting via your Startacus account, please enable Disqus functionality in your Account Settings.
- Tech Nation reveals 33 early stage scaleups to watch in 2023 8th Feb 2023 The lowdown on the Regional Winners of Tech Nation's Rising Stars competition - some of the UK's most promising early stage tech companies.
- Loop Not Luck, the UK’s first intersectional diversity recruiting platform launches 7th Feb 2023 Loop Not Luck aims to improve social mobility via its innovative job board designed specifically to connect underrepresented candidates to tailored career opportunities.
- New report reveals the tech community's LGBTQ+ Crisis 7th Feb 2023 75% of LGBTQ+ tech founders and investors actively conceal their gender or sexuality from peers in the ecosystem, says first of its kind report.
- Aviation startup Aiir Innovations raises over €2M to transform aircraft engine maintenance 7th Feb 2023 Leading AI startup Aiir Innovations secures major investment to support global expansion and help set a new standard for engine inspections.
