£12.5M UK fund looking to back female entrepreneurs

Science|Business

Funding opportunity

The £12.5 million UK government-backed Capital for Enterprise Aspire Fund is looking for businesses led by women to pitch for venture capital funding.

Since it was established in 2008, a number of investments have been successfully completed and more proposals are undergoing due diligence. The fund is now making a renewed appeal for female entrepreneurs to apply for funding.

The Fund can invest between £100,000 and £1 million in women-led businesses which have high growth potential, providing up to 50 per cent of the capital in a funding round, alongside other new private investors on a co-investment basis.

The objective of the fund is to increase the number of successful women-led businesses within the UK, where only 15 per...

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