Lia Renna writes for Startups Magazine on proposed mandatory diversity policies in the venture capital industry
In a report published over the summer, the Treasury Committee recommended the government take swift action to promote diversity in the UK’s venture capital industry. With the proposed policies directly targeted at driving investment towards female and ethnic minority founders, as well as businesses outside of London, the report forms part of a growing momentum to expand access to venture capital (VC) in the UK.
In an article for Startups Magazine, Lia Renna, Trainee Solicitor, explains what the announcement means for growing businesses in the UK.
Lia ultimately concludes that:
... these proposals, if implemented, present a huge opportunity for businesses with female and ethnic minority founders, and also those outside of London.
"And even if the proposals are not implemented or undergo further changes before implementation, the fact that they are being tabled nonetheless represents an industry-wide sea-change. In the long run, this can only be a sign of good things to come for growing businesses in the UK and, hopefully, the UK economy.
Read Lia's opinon piece in Startups Magazine here.
