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Investors will be encouraged to pledge more money towards female-led start-ups under plans backed by the Government.

Women founders receive just 2 per cent of all UK venture capital – a statistic that has remained stubbornly low. 

The government is working to address the gender gap alongside a business taskforce chaired by Starling Bank founder Anne Boden.

It is understood the taskforce will provide voluntary targets for investment firms to meet, which will look to push more cash towards female-founded organisations. 

Research is planned about why men receive most funding.

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Venture capital is one of the main ways that entrepreneurs can raise money for early-stage businesses. They generally back ideas that they see as high growth.

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