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Written question asked by Samantha Niblett (Labour) on Thursday, 31 October 2024, in the House of Commons. It was due for an answer on Monday, 11 November 2024 (named day). It was answered by Feryal Clark (Labour) on Monday, 11 November 2024 on behalf of the Department for Science, Innovation and Technology.


New Businesses: Women

Question

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.

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.


Secondary information

Type
Written question
Reference
12196
Session
2024-26
Subjects
Women Investment Technology New businesses
Link
View this Written question on www.parliament.uk