AllBright: New funding platform for female enterpreneurs launched in the UK

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The first funding platform for just female-led businesses launches to close the current funding gap and support outstanding female-led companies in the UK. The platform’s mission is to discover, fund and support the UK’s best female founders from startups to established businesses.

Recent research shows that companies with women in leadership positions deliver strong returns, yet the majority of funding is directed at male-led companies with only 10% of global venture capital funds directed at female-led businesses. This platform is launched in response to this funding gap.

AllBright is co-founded by two well respected female leaders in the digital and business world – Debbie Wosskow, founder and CEO at Love Home Swap, and Anna Jones, CEO at Hearst Magazines UK. Together, they understand all aspects of a business’ life cycle and have a track record of launching and scaling businesses.

AllBright platform combines an angel network (AllBright Angel Network) with a crowdfunding platform (AllBright Crowd) as well as provides access to vital business resources and learning via its academy (AllBright Academy). It also offers an attractive option for investors by providing access to the best female-led businesses at the same time as delivering sophisticated and efficient tax breaks.

Anna Jones, CEO: “AllBright isn’t just about providing the capital, we understand that for businesses to scale they need the confidence that comes from having access to the relevant skills, technology, knowledge and people. Our combined experience and network means we have the ability to tackle every area a business needs to thrive from the start, super-charging both the companies and their executive teams. This isn’t just a win for existing businesses and investors, AllBright can also play a critical role for the British economy. Recent figures show that if every woman who wanted to run her own business, started a business then it could release a possible €11.3 billion boost to the UK economy.