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PARLIAMENTARY WRITTEN QUESTION
New Businesses: Women (31 October 2024)

Question Asked

To ask the Secretary of State for Science, Innovation and Technology, what steps he is taking to increase investment in women-led start up technology businesses.

Asked by:
Samantha Niblett (Labour)

Answer

This Government is committed to strengthening diversity in the tech sector, including supporting female-led start-ups, and has made breaking down barriers to opportunity one of our five national missions.

Programmes like DSIT’s £12m Digital Growth Grant and Innovate UK’s Women in Innovation Awards are supporting female-led businesses through grants and wider business support.

In September, the Chancellor announced Government support for the Invest in Women Taskforce. The Taskforce aims to establish a funding pool of more than £250 million for female-founded businesses through private capital, making it one of the world’s largest investment funding pools aimed solely at female founders.


Answered by:
Feryal Clark (Labour)
11 November 2024

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