Posts tagged bame
Today’s Students Want to Become Startup Founders — and 40% are Female Founders

Students aren’t quite as keen as they used to be to become lawyers and bankers and management consultants; they want to become founders instead. A quarter of UK students now run — or plan to start a company — while at university. Collectively, they raked in £1bn in 2019; a 32% increase on 2016. Four in ten of these startup teams are led by female founders.

To support this trend, universities now have accelerators, incubators and other programmes to encourage and support tech startups — and Ana Bakshi, director of Oxford’s entrepreneur centre Oxford Foundry, recently called for more to jump on the bandwagon to stimulate the UK’s economic recovery.

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Future Fund Releases First Set of Diversity Data

The UK’s Future Fund released diversity information about applicants that have been approved for funding.

Only 1% of the funded companies have all-female management teams – even lower than the 4% of startups which received VC funding in the UK in 2017 with all-female founding teams. The 3 companies have received £3.2M out of £236.2M awarded to date.

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