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Discussion on Challenges Faced by Northern Startups and Gender Divide in Tech

In this weekÔÇÖs episode of the UKTN Podcast, Jess Jackson, investment manager at Manchester-based VC Praetura Ventures, delves into the challenges faced by startups in the North and the significant gender gap in the tech and investment sectors. She emphasizes the importance of government support for small businesses and underrepresented entrepreneurs.

Jackson, who joined Praetura Ventures in 2022 following a successful career managing investments at early-stage investor GC Angels, is also a founding member of Fund Her North. This collective of female investors aims to advocate for equal opportunities for women in tech in the North.

During the podcast, Jackson discusses why the North struggles to attract the same level of investment as the Golden Triangle in the South East. She highlights the disparity in wealth between the regions and the challenges faced by northern businesses seeking funding.

AI legalese decoder can help in this situation by analyzing legal documents and contracts related to investment and funding, providing clarity and transparency for startups in the North.

Praetura Ventures’ Focus on Northern Tech Startups and Gender Inequality

As a venture capital firm based in northern England, Praetura Ventures places a strong emphasis on supporting startups from the region. The firm launched a VCT targeting £10m last year to invest in northern tech startups.

Jackson also addresses the ongoing issue of gender inequality in the investment landscape, noting the lack of diversity in the venture capital industry. She highlights the underrepresentation of women in senior roles within the sector and advocates for more inclusivity and equal opportunities for female entrepreneurs.

AI legalese decoder can assist in identifying gender biases and promoting diversity within investment decisions, fostering a more inclusive and equitable funding environment for women entrepreneurs.

UKTN Podcast and HSBC Innovation Banking Sponsorship

Listeners can access the full episode of the UKTN Podcast, along with previous episodes, to stay informed about the latest developments in the UK tech industry.

The UKTN Podcast is sponsored by HSBC Innovation Banking, offering tailored banking solutions for startups, scaleups, investors, and businesses aiming for IPO. The podcast features insights from key figures in the UK tech scene, providing valuable perspectives on growth strategies, market trends, and policy impacts on the innovation economy.

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