GC Angels, one of Greater Manchester’s leading early-stage equity investors, has partnered with NorthInvest to deliver Fund Her North activities across the North West.
The collaboration underscores a shared commitment to promoting female-led innovation, and propelling economic transformation through investment, collaboration, and expertise.
GC Angels is already a signatory of the Investing in Women Code, and is now doubling this commitment to support female investment by delivering Fund Her North activities. With Manchester as the focal point, GC Angels is looking to extend this network throughout the North West to Cumbria, Merseyside, Cheshire and Lancashire, to ensure all female founders have access to capital and support.
The British Business Bank’s most recent Small Business Equity Tracker revealed that only two per cent of UK capital goes to all-female founded teams. Committed to driving investment to female entrepreneurs, GC Angels has already bucked this trend, investing 25 per cent of funds to all female founded teams since its inception in 2018, most recently in rising FinTech company Financielle.
Fund Her North empowers female founders across the North through equity investment and comprehensive support. To date, it has supported nearly 500 business owners and played a role in closing 14 funding rounds, leveraging a total of £4.5m for female founded businesses.
Through the GC Angels network, the team is looking to continue this activity with a renewed focus on closing more investment deals. Fund Her North will also have access to the wider Growth Company Group including business finance, employment, education and skills, and growth through the Business Growth Hub.
Sarah Ayton, strategic relationships manager at GC Angels, said: “Our partnership with NorthInvest represents a monumental step toward reshaping the investment landscape and supporting the ingenuity of female entrepreneurs through Fund Her North. Together, we’re unlocking new opportunities for growth and innovation.
“Delivering Fund Her North strengthens our mission to empower women in business. Collectively, we’re creating a vibrant ecosystem that fuels innovation and drives equitable opportunities for female entrepreneurs across the North.”
Professor Adam Beaumont, founder at North Invest, added: “The synergy between GC Angels and NorthInvest is electrifying. We’re so excited to have the team on board as a key delivery partner to help create an investment ecosystem that truly supports female entrepreneurs.”
Fund Her North will be hosting its next event in Manchester, in partnership with NatWest at its Spinningfields offices and supported by the UK British Angels Association, on August 17.
