ScaleUp Institute releases 2019 Female Founder Index
The ScaleUp Institute has revealed that there was a 15 per cent increase in the number of ‘visible scaleups’ in the UK in 2018 – that is those businesses with at least one female founder that have hit Companies House filings thresholds of £10.2 million in annual turnover. The average turnover was £68m. Released last month, the 2019 Report showed these businesses employed 75,600 people – increasing employee numbers and investment by 24% and 49% respectively.
“Our ScaleUp Female Founders are extremely diverse, spanning geographies, generations, and sectors from art galleries to payroll providers, juice bars to care homes, medical practices to cloud hosting platforms,” said the report’s authors. “More than a quarter (26%) operate in the industrial sector. Meet them, celebrate them and promote them.”
See scaleupinstitute.org.uk for details of this and other of the institute’s reports.| Tuesday 28 May, 2019