GC Angels, one of Greater Manchester’s leading early-stage equity investors, has announced a partnership with NorthInvest to deliver Fund Her North activities across the North West, increasing its commitment to driving change across the Northern investment landscape.
The collaboration underscores a shared commitment to promoting female-led innovation, and propelling economic transformation through investment, collaboration, and expertise.
Already a signatory of the Investing in Women Code, GC Angels is doubling this commitment to support female investment by delivering Fund Her North activities. With Manchester as the focal point, GC Angels is now looking to extend this network throughout the North West to Cumbria, Merseyside, Cheshire and Lancashire, to ensure all female founders have access to capital and support.
The British Business Bank’s most recent Small Business Equity Tracker revealed that only 2% of UK capital goes to all female founded teams. Committed to driving investment to female entrepreneurs, GC Angels have bucked the trend, investing 25 per cent of funds to all female founded teams since its inception in 2018, most recently in rising FinTech company Financielle.
To date, Fund Her North has supported nearly 500 business owners and played a role in closing 14 funding rounds, leveraging a total of £4.5m for female founded businesses. Through the GC Angels network, the team is looking to continue this activity with a renewed focus on closing more investment deals. Fund Her North will also have access to the wider Growth Company Group including Business Finance, Employment, Education & Skills and growth through the Business Growth Hub.
Fund Her North will be hosting its next event, in partnership with NatWest, supported by the UK British Angels Association, on 17th August in Manchester.
Sarah Ayton, strategic relationships manager at GC Angels, said: “Our partnership with NorthInvest represents a monumental step toward reshaping the investment landscape and supporting the ingenuity of female entrepreneurs through Fund Her North. Together, we’re unlocking new opportunities for growth and innovation.
“Delivering Fund Her North strengthens our mission to empower women in business. Collectively, we’re creating a vibrant ecosystem that fuels innovation and drives equitable opportunities for female entrepreneurs across the North.”
Professor Adam Beaumont, founder at North Invest, added: “The synergy between GC Angels and NorthInvest is electrifying. We’re so excited to have the team on board as a key delivery partner to help create an investment ecosystem that truly supports female entrepreneurs.”
Find out more about the re-launch event and book tickets here: https://www.eventbrite.co.uk/e/delivering-female-investment-in-the-north-west-tickets-692268472637?aff=oddtdtcreator
For a chance to pitch, apply here: https://forms.office.com/e/63RjvP58Qm
