Recommendation 4

We recommend that the British Business Bank should: • have a fifth strategic objective, to ensure that equity finance to female entrepreneurs in the UK increases from 2% to 10% by 2030; • set itself the target of ensuring that no less than 30% of the finance it makes available to UK businesses is allocated to supporting female- led businesses; • ensure gender balance on its investment/assessment committees; and 52 • require all investors seeking its support to sign up to the Investing in Women Code. (Recommendation, Paragraph 37)