UK's £500M Support Plan for Diverse Investors and Founders

UK's £500M Support Plan for Diverse Investors and Founders

UK’s £500M Support Plan for Diverse Investors and Founders Creating a more inclusive venture capital landscape has long been a challenge, but the UK is now stepping up with a £500 million funding package aimed at supporting underrepresented investors and founders. This initiative, led by the British Business Bank (BBB), is specifically designed to address disparities in funding access and representation across the venture capital ecosystem.   Image Credits:Wong Yu Liang / Getty Images Of the total package, £50 million is allocated specifically for female-led venture funds, doubling down on previous commitments made by the government through its Invest in Women Taskforce. The remaining £450 million will be used to elevate fund managers from diverse and disadvantaged backgrounds, boost early-stage startups, and strengthen the pipeline of talent in the investment world. Slated to roll out from 2026, this initiative sends a clear message: the UK is serious about dismantling systemic barriers…