Recommendation 16

We call on the British Business Bank to ringfence a minimum of 30% of Regional Angel Programme funding for supporting female angel investors and investment in female-led businesses across the regions and to publish data on take-up by gender. The Bank should also review the access requirements to the programme to ensure that smaller angel groups, particularly those led by women who have less capital behind them than their male peers, are able to benefit from the Programme’s co-investment funds. (Recommendation, Paragraph 68)