1. Innovate UK – Women in Innovation Awards
The Women in Innovation Awards offer £75,000 grants and bespoke business support to female entrepreneurs in the UK. Open to women founders or senior decision-makers in UK-registered SMEs, the program aims to fund up to 50 women tackling pressing societal, environmental, and economic challenges. The 2024/25 competition opened on 13 May and closed on 10 July. (Innovate UK Business Connect)
2. BGF’s £300 Million Commitment to Women-Led Businesses
The Business Growth Fund (BGF) has pledged over £3 billion in investments over the next five years, with at least £300 million specifically allocated to women-led businesses. BGF provides minority equity investments without leveraging debt, supporting companies across various sectors and regions in the UK. (The Times)
3. Invest in Women Taskforce – £255 Million Fund
Launched in November 2024, the Invest in Women Taskforce introduced a £255 million fund managed exclusively by female investment professionals. Backed by institutions like Barclays, Morgan Stanley, and Aviva, the fund aims to address the gender funding gap by increasing investment in women-led businesses. (The Times)
4. Revenge Capital – £50 Million Fund for Female Entrepreneurs
Founded by Nell Daly, Revenge Capital is a £50 million investment fund and mentoring scheme launched in London to support underrepresented female entrepreneurs in the UK. The fund seeks to provide early-stage capital and mentorship to help women compete in a male-dominated business environment. (The Times)
5. Female Founders Fund (FFF)
The Female Founders Fund offers early-stage investments ranging from £400,000 to £650,000 to women-led startups, particularly in B2B, finance, and healthcare sectors. While based in the US, FFF has extended its reach to the UK, providing a competitive application process for female entrepreneurs seeking substantial funding. (Startups.co.uk, Silverwood Rose)
6. Hatch Enterprise – Female Founders Accelerator
Hatch Enterprise offers a Female Founders Accelerator program providing coaching, mentoring, and funding up to £1,000. The program is designed to help women entrepreneurs grow and scale their businesses through tailored support and resources. (Silverwood Rose)
7. The Prince’s Trust – Support for Young Women Entrepreneurs
The Prince’s Trust offers grants, mentoring, and resources to young women aged 18-30 aiming to start or grow their businesses. While not exclusively for women, the Trust focuses on supporting individuals from diverse backgrounds, providing workshops and programs to prepare strong applications. (Silverwood Rose)
8. Cartier Women’s Initiative
An annual program supporting early-stage, impact-driven businesses led by women globally. Winners receive grants up to $100,000, along with tailored business mentoring, leadership coaching, and access to workshops and networking opportunities. (Silverwood Rose)
9. Anita Borg Institute – Abie Awards
The Abie Awards celebrate the success of women and non-binary technologists. Winners receive cash prizes, with amounts varying by award and year. The awards aim to recognize outstanding contributions in technology and support women in tech industries. (Start Up Loans)
10. Global Fund for Women
This fund provides grants to initiatives and organizations worldwide that support women’s human rights and gender justice. Applications are open all year, focusing on projects that advance the rights of women and girls. (Start Up Loans)
Frequently Asked Questions
Q1: What types of grants are available for women entrepreneurs in the UK?
There are various grants, including government-backed awards like Innovate UK’s Women in Innovation Awards, private investment funds such as BGF’s commitment to women-led businesses, and programs from organizations like The Prince’s Trust and Hatch Enterprise.(Silverwood Rose)
Q2: How can I apply for these grants?
Application processes vary by program. Generally, you’ll need to prepare a detailed business plan, demonstrate the potential impact of your business, and meet specific eligibility criteria. It’s advisable to visit the official websites of each grant for detailed application guidelines.
Q3: Are there grants specifically for young women entrepreneurs?
Yes, The Prince’s Trust offers support for young women aged 18-30, providing grants, mentoring, and resources to help start or grow their businesses.(Silverwood Rose)
Q4: Can I apply for multiple grants simultaneously?
Yes, applying for multiple grants can increase your chances of securing funding. However, ensure you meet the eligibility criteria for each and tailor your applications accordingly.
Q5: Are there grants available for women in specific industries?
Yes, some grants target specific sectors. For example, the Anita Borg Institute’s Abie Awards focus on women in technology, while the Cartier Women’s Initiative supports impact-driven businesses across various industries.(Startups.co.uk)
Conclusion
Securing funding is a critical step for women entrepreneurs aiming to start or grow their businesses. The UK offers a range of grants and support programs tailored to empower women in business. By exploring these opportunities and preparing strong applications, female entrepreneurs can access the resources needed to succeed.
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