Corporate report

Investing in Women Code Annual Report 2025

In partnership with its Code Partners, the Department for Business and Trade (DBT) has published its fourth annual report for the Investing in Women Code, which finds that investing in female and ethnic minority-led businesses could add 13% to the UK equity market.

• From: Department for Business and Trade
• Published: 10 July 2025

Documents

Investing in Women Code Annual Report 2025

PDF, 2.25 MB, 58 pages

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Details

The Investing in Women Code (IWC) was founded in 2019 with 12 founding signatories. It now has 290 including most major UK retail banks. It was established as a recommendation of the Rose Review which found that access to funding was one of the biggest challenges for women-led businesses in the UK.  

The Investing in Women Code works alongside the Invest in Women Taskforce and its Code Partners to support women-led businesses. Code Partners include the British Business Bank, British Private Equity and Venture Capital Association (BVCA), UK Business Angels Association (UKBAA), UK Finance, and Responsible Finance. Code Partners are responsible for managing data collection and reporting, on behalf of government.

Published 10 July 2025