Aug 26, 2021
In the UK last year, if you were a woman, just 2.9 per cent
venture capital went to you.
If you were a black business founder you saw just 0.2 per cent
all investment capital.
And if you were a black woman, it was a mere 0.02 per cent.
"Those numbers mean there are a lot of individuals who are
being funded who have great ideas, and that some who don’t
have such great ideas are getting funded, so that’s the issue,” says Eric Collins, CEO of Impact X, a venture capital fund that’s putting its money into backing under-represented entrepreneurs.
Also on the programme, we announce our first two Portas Reports, available to purchase here and featuring:
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