As applications for the Women in Innovation awards have recently opened and Innovate UK has declared a 70% increase in registrations for female funding, it has become increasingly topical to focus on women and their position within the innovation and investment industry.
Jenny Tooth, the CEO of the UK Business Angels Association, comments on the relationship between female entrepreneurs and angel investors and the importance of female identification within the industry:
‘There is a clear indication that women absolutely have the means and the resources to innovate and invest into British businesses, but without accurate representation and the presence of prominent women lead angels and inspirational figures, financial momentum – albeit possible – will not occur.
A lack of female role models is consistently as one of the key barriers to entry thus this award is so important as it highlights the importance of females in modernising industrial strategy.’
Jenny stands as one of the most authoritative voices in the investment community with over 20 years' investment experience. Representing over 18,000 angel investors across the country, Jenny has been an instrumental figure in increasing the number of women in finance and investment. Alongside hosting the UKBAA's annual Women in Angel Investing Summit, Jenny also works closely with HMT and BEIS to develop new policy to effect a more diverse investment landscape.