Laughable. A number of extracts:
“The economic case for women entrepreneurs is made clear. The Rose Review identified that £250 billion in growth could be achieved if women entrepreneurs were funded to the same level as men. Adjusting for inflation, that figure is now a staggering £310 billion.“
[J4MB emphasis. Well, cover me in pink paint and call me Barbie. In a similar vein, recent research by a team of female biologists at the University of Leighton Buzzard – as yet unpublished – identified that if meerkats could operate drones they could survey the surrounding areas for predators instead of having to stand on their hind legs being laughed at by the other animals. They (the women, not the meerkats) are currently seeking government funding to train meerkats in drone operation, Keir Starmer is known to be very encouraging about the idea.]
“Of note, the Committee concludes that voluntary initiatives have failed to date [J4MB emphasis. Stupid initiatives generally fail, I have noted over many years.] and therefore co-ordinated, government action [J4MB emphasis. In plain English, taxpayer’s money.] is needed to unlock the full economic potential of female entrepreneurs for the UK economy.”
More fun:
“Root causes identified for female entrepreneurship
The statistics are clear and epitomise the challenges facing female entrepreneurs:
- Just 20% of businesses are female led.
- 75% of university spinouts are all-male teams
- 86% of angel investors and 85% of senior investors in venture capital are male.
- The British Business Bank’s Small Business Equity Tracker found that, in 2023 alone, all-male founder teams raised £6.5 billion, more than three times the amount raised by all-female founder teams over the past decade (£2 billion).
- In 2024, just 2% of equity investment went to back a female founder—down from 2.5% in 2023—while all-male teams received over 80% of the venture capital allocated—despite female-led businesses outperforming them.
- The figures are even starker for women from an ethnic minority background; only 10 Black female entrepreneurs received venture capital funding between 2009–19 (0.02% of total VC funding).” [J4MB emphasis. Damn those racist patriarchs for making the barriers so much higher for “women from an ethnic minority background” than for white women.]
Needless to say, none of the six bullet point describes “challenges facing female entrepreneurs”. They describe what one might reasonably expect given that the cohort of people in question – wimmin – are (a) highly risk-averse when it comes to investing their own (or other women’s) money, and (b) less likely than men to generate the sane business proposals which those providing venture capital might be willing to support, and (c) less likely to be prepared to invest the insane amounts of time and energy required to have any realistic prospect of becoming a successful entrepreneur.
The fun continues:
“However, female founders also often face biased questioning during investment rounds about childcare, [J4MB empasis. Questions about childcare would be perfectly reasonable but I very much doubt anyone today would risk asking them.] discriminatory funding decisions, and sectors popular with women— such as femtech, beauty, and wellness — are often dismissed as ‘not being scalable’. ” [J4MB emphasis. This may be attributed to the bleedin’ obvious fact that “sectors popular with women” are not scalable. Amirite?!!!]
I need to lie down in a dark room for an hour or two…
—————————-
If you’d like email notifications of our new blog pieces, please enter your email address in the box near the top of the right-hand column and click ‘Subscribe’.
We shall shortly be posting this piece on our X channel.
Our YouTube channel is here.