One of the top early-stage equity investors in Greater Manchester, GC Angels, has announced a partnership with Northinvest to deliver Fund Her North activities throughout the North West, further demonstrating its dedication to bringing out a change in the Northern investment environment.
Investment, expertise, and collaboration will be demonstrated with this commitment to encourage female-led innovation and accelerate economic transformation.
GC Angles has already signed the Investing in Women Code and is strengthening its commitment to promote the investment of females by implementing Fund Herr North initiatives. In order to ensure that every women’s founder gets access to funding and support, GC Angels are now planning to expand the network throughout the North West to Cumbria, Merseyside Cheshire, and Lancashire.
Only 2 per cent of UK funding goes to teams that are entirely comprised of women, as stated in a recent study by the British Business Bank's Small Business Equity Tracker whereas GC Angels have invested 25 per cent of its total funds in female-founded teams since it was established in 2018.
Fund Her North has helped female-founded businesses with up to £4.5m in funding by assisting nearly 500 business owners and contributing to the closing of 14 funding rounds. On August 17 in Manchester, Fund Her North will also host its following event in collaboration with the NatWest and supported by the UK British Angels Association.
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