Source · Select Committees · Treasury Committee
Recommendation 4
4
Paragraph: 31
Venture capital market diversity statistics remain unacceptable and progress too slow.
Recommendation
The diversity statistics in the venture capital market are unacceptable. Venture capital firms are dominated overwhelmingly by white men, and the recipients of venture capital funding are even more unrepresentative of the wider UK population in terms of gender and ethnicity. While there has been some improvement, it is happening far too slowly, and affecting rapid change should be viewed as a priority by government and industry.
Paragraph Reference:
31
Government Response
A response document is linked to this report, dated 20 October 2023. Response attribution to this conclusion has not been verified. Read the response document ↗