Veritas applauds drive to support female entrepreneurs

A raft of financial institutions have signed up for a Government initiative to boost funding for female entrepreneurs. Lloyds, Barclays, Santander, TSB, Metro Bank, the Co-operative Bank and Bank of Ireland UK have been joined by venture capital firms Frontline and Episode 1, angel networks UK, Business Angel Association and Angel Academe and institutional investor British Business Bank. As part of the Investing in Women Code, firms will agree to boost equality for small business founders and publish gender funding data.

Speaking at the launch of the Investing in Women Code at a reception in Downing Street, the Exchequer Secretary Robert Jenrick said: “Breaking down gender barriers could add billions to the UK economy. I’m pleased to see so many of our major banks and venture capital firms support the code, and I call on others to follow suit.”

Jenny Oldfield, CEO of Veritas Commercial Services, commented: “The Investing in Women Code is complementary to the Women in Finance Charter, which promotes gender equality for employees within firms in the financial services sector. As an early supporter and signatory, we are delighted to see that the Investing in Women Code has also attracted the signatures of so many financial institutions keen to champion female entrepreneurship in the UK. The Code is designed for all organisations that finance entrepreneurs and commits organisations to promoting female entrepreneurship.”

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