This pair of articles discusses the UK government’s £1.25bn ($1.55bn) COVID-19 rescue package for startups, devised by an all-male panel of tech investors. The package, comprised of The Future Fund and Innovate UK Fund, favors startups that already have VC backing – typically launched by men. This built-in bias against women-led companies has raised concerns and sparked debate. Priya Guha, a UK-based Venture Partner of Merian Ventures and a council member of Innovate UK, offers an interpretation of this investment bias.
Read More