Government-Backed Funding for Women Rises as Female CEO Numbers Hit Eight-Year Low
The British Business Bank has pledged £1 million to back female founders, as recent data shows the number of women leading mid-market businesses falls to its lowest in nearly a decade.The state-backed lender said the capital will be deployed through Angel Academe's Enterprise Investment Scheme (EIS) fund, which invests in high-growth businesses with at least one female founder.The move comes amid longstanding concerns that women-led businesses continue to attract a disproportionately small share...