Question

To ask the Minister for Women and Equalities, what steps she is taking with Cabinet colleagues to help increase the number of female-led businesses.

In March 2024, the government announced the launch of the Invest in Women Taskforce. Its mission is to make the UK the best place in the world to be a female founder.

Since its launch, the Taskforce members have been working with the private sector to begin raising its fund for female founders. This seeks to increase the proportion of investment
going to all-female founder teams – which has been stuck at 2% for the past decade.