Launch of AllBright – 1st Funding Platform Aimed At Female Entrepreneurs

AllBright funding platform – ‘first of its kind’ – is aimed at female entrepreneurs to tackle the funding gap between female-led and male-led business in the UK.

Founded by Debbie Wosskow, of Love Home Swap, and Anna Jones, CEO Hearst Magazines UK, AllBright will look to discover, fund and support Britain’s ‘best’ female entrepreneurs from start-ups to established enterprises.

Recent study – CrunchBase Women In Venture – by TechCrunch reveals that female owned companies were only receiving 10% of global venture capital funds despite delivering strong returns, with the majority of funding directed at male-led businesses.

Co-founder, Debbie Wosskow, says: “There is some exceptional female business talent in the UK just waiting to be discovered and accelerated. I’ve been on the journey they are making and understand acutely the difference accessing the right funding and support can make, as do our network of angel investors.

“AllBright delivers on two fronts – not only do we get to ‘give back’ investing in and sharing our knowledge with the next generation, but there is also a real financial opportunity for our investors to benefit from the untapped asset class of some of the UK’s best female entrepreneurs.”

AllBright is backed and supported by an advisory board which includes Sherry Coutu CBE, Lord Chadlington and Lord Davies of Abersoch CBE.

Several established business leaders are also supporting the AllBright model – made up of AllBright Angel Network, AllBright Crowd and AllBright Academy.