Jessica O'ConnorFemale-founded businesses are a growing force in the UK economy, but continued barriers to funding and support are limiting their potential, according to research from Charles Stanley, part of Raymond James Wealth Management.
The Female Founders report, developed in partnership with Beauhurst, revealed that there are now 7,696 high-growth companies in the UK with at least one female founder, representing 13.7% of the country’s high-growth ecosystem.
The number of female-founded businesses has more than doubled over the past decade, yet growth opportunities remain constrained.
Female-led enterprises employ around 330,000 people nationwide and are an important driver of economic activity.
However, the report highlighted persistent challenges around access to capital and professional networks.
Just 25% of women surveyed believe it is easier to secure funding as a woman, and less than 2% of total equity investment goes to female-founded businesses.
In the first three quarters of 2024, female-founded companies raised £1.48bn in equity funding across 972 deals, compared with £9.28bn raised by male-led ventures.
The report called for greater collaboration between investors, mentors and business leaders to expand opportunities for female entrepreneurs.
Kim Jenson, CEO of Charles Stanley, part of Raymond James Wealth Management, said: “Supporting female founders isn’t just about fairness – it’s about unlocking opportunities that drive economic growth and social progress.
“Women-led businesses reshape industries and inspire future generations, yet their potential remains largely untapped.
“To build a resilient, innovative economy requires a more inclusive entrepreneurial landscape and collaboration is key.
“Investors, mentors, and industry leaders all have a role to play in creating equity and expanding economic growth.”
Jenson added: “Women already control over 50% of UK wealth, and by 2030 that figure is expected to reach 75% – an inarguable force in economic influence.
“We’re proud to empower women as they take on a greater role in managing wealth.
“Our mission is to build financial confidence, independence, and long-term security for every woman navigating this new era of opportunity – and to help unlock the full potential of the UK’s female founders.”
