Growth Company Angels
Growth Company Angels

Investing in Women Code

8 Nov 2022

Investing in Women Code - Logo.jpg

GC Angels is a proud signatory to the Investing in Women Code and commits to adopting internal practices to improve female entrepreneurs’ access to finance, tools, resources they need to grow their business.

The Investing in Women Code is a pledge to support the innovation of female entrepreneurship in the UK by increasing female entrepreneurs’ access to tools, resources, and finance from the financial services sector.

A diverse and wide-ranging business ecosystem is good for customers, entrepreneurs, businesses, investors, and society. BEIS and the signatory organisations share a responsibility to work in partnership to make the UK one of the most desirable nations in the world to start and grow a business by advancing female entrepreneurship.

The Investing in Women Code acknowledges that there is already valuable work underway by individual corporations to help women who are looking to start or scale up their businesses. Signatories to the Investing in Women Code aim to build on this work. Signatories to the Investing in Women Code make the following commitment:

My organisation is committed to a society of inclusion and to enhancing access to investment for female entrepreneurs. My organisation will:

  • Nominate a member of the senior leadership team (or key individual within my Angel group or network) responsible for supporting equality in all my organisation’s interactions with female entrepreneurs.
  • Provide a commonly agreed set of data about my organisation’s investing or lending activities and about its own staff and leadership team to an industry body designated by BEIS, on the understanding that BEIS will collate this data and publish it on an aggregated and anonymised basis in an annual report; and
  • Adopt internal practices that aim to improve female entrepreneurs’ access to the tools, resources and finance they need to grow their businesses, working with relevant players in the ecosystem, and review these practices annually.

My organisation will make this commitment public.

Businesses may be withdrawn as signatories to the Investing in Women Code if they do not fulfil these responsibilities. Signatories may also withdraw voluntarily. BEIS welcomes interest in the Investing in Women Code from all organisations that directly or indirectly finance businesses, whether through equity or debt. If you would like more information about the Code, or would like to become a signatory, please contact: investinginwomencode@beis.gov.uk.