Source · Select Committees · Women and Equalities Committee
Recommendation 23
23
Deferred
Require Government update on steps to secure investor support for the Invest in Women Taskforce.
Recommendation
The Government should update us in its response to this Report on the steps it is taking through its convening powers to get those investors, particularly the signatories of the Mansion House Accord, to support the Taskforce. (Recommendation, Paragraph 88) Networks and support
Government response summary AI-generated
The government's response details its plans for childcare provision and reform, including a Department for Education review, Tax-Free Childcare, and the National Wraparound Childcare programme, which is unrelated to the recommendation about convening investors to support the Taskforce.
Summary of the government's response below — read the verbatim text to verify.
Government Response
Deferred
HM Government · verbatim extract
Deferred
We recognise the vital role that institutional investors play in the funding landscape and in increasing access to finance for female-led businesses. 16 Tax Support for Entrepreneurs: Call for Evidence - GOV.UK The Government is addressing the lack of UK pension fund investment in innovative UK businesses through the Mansion House Accord and the British Growth Partnership (BGP). Government is engaging with key stakeholders across these initiatives to create better coordination with the Invest in Women Taskforce. Two of the Mansion House Accord signatories, Aviva and M&G, have already committed to the Invest in Women Taskforce funding pot. We are working to bring additional Mansion House signatories on board and will continue to do so in 2026. The Invest in Women Taskforce is channelling large-scale institutional capital into female-led venture funds and female powered and mixed businesses. By empowering both sides of the investment table, the Taskforce is not only unlocking more capital but also redesigning where the capital goes and who controls it. The Women Backing Women Fund of Funds will bridge the gap between institutional investors and diverse fund managers best placed to back female and mixed businesses. Commitments from institutional investors include Barclays, BGF, Nationwide, and the British Business Bank.
Read the full response on Parliament ↗