ANGEL INVESTING IS A GREAT WAY TO LEARN, SHARE EXPERTISE AND BUILD NETWORKS, SO WHY DON’T MORE WOMEN DO IT?
DeepMind, SwiftKey and Zoopla are all examples of successful British businesses who received practical and financial support from angel investors. Angel investment is one of the most important sources of help for new businesses. It’s also a great way to share expertise and build new connections. Angel investing is exciting, enjoyable and collaborative, offering women the chance to use their financial capacity and business skills to back high-growth potential entrepreneurs. Yet only 14% of angel investors are women, although we now own 48% of UK wealth!
Angel Academe and UK Business Angels Association, the trade body supporting the growth of angel investment in the UK, are working together on a new piece of research to find out more about women's perceptions of angel investing. This research is part of a new EU project called “Women Angels for Europe’s Entrepreneurs”, enabling us to review the situation in the UK as well as France, Italy, Spain, Portugal and Belgium.
The results will help us understand how to engage more women in angel investing - to help support the economy, early-stage businesses (especially those started by women), as well as developing their own career and financial opportunities.
The research is based on a short online survey as well as interviews with women with the wealth* and experience to invest. We've now completed the data capture phase: over 600 women from across Europe completed our online survey and over 150 women have been interviewed. In the UK alone we received nearly 200 survey responses and interviewed 45 of them.
We're now busy doing our analysis and will be publishing our findings in the coming months.
* You are defined as High Net Worth in the UK by the FCA if you earn £100k or more pa, or have £250k or more in assets excluding your main home and pension.