Initiative launched to improve funding mentor access for female founders

Posted on September 24, 2020 by Alistair Hardaker

On Thursday 5th and 12th November, 2020, Playfair Capital and 70 of the UKs’ leading venture capital funds, including Seedcamp, Balderton, Notion and Passion Capital, will be holding remote office hours.

Female founders from anywhere in the UK, will have the opportunity to meet four investors during one hour of remote office hours to discuss their tech business idea, ask for advice, pitch for investment and find a mentor.

The event is being held jointly by Playfair Capital and Tech Nation as part of an ongoing commitment to hold three events a year specifically for female founders.

The previous three editions saw a total of 1,200 individual mentoring meetings with 290 founders and 85 investors taking part. To date, multiple companies have also received funding, including Organise, SideQuest and Paid.

New for this edition is the requirement for every investor attending to commit to mentor at least one founder from the event on an ongoing basis.

Chris Smith, Playfair Capital’s Managing Partner, commented: “I’m absolutely thrilled to see our fourth female founder office hours event come together with the support of Tech Nation. Whilst our first events addressed the challenge of access, removing the need for warm introductions, we are more focused than ever on ensuring that this initiative leads to meaningful relationships and more pounds being invested in women led businesses.”

To extend the impact beyond the UK, Playfair has also been making its playbook available to any other fund who wants to hold events for underrepresented founders.

To date, female founder focused events have been held in the US with Anthemis, Diversity VC and Ladies Who Launch and Southeast Asia with Cocoon Capital.

In addition, Access All for BAME founders will be held on 30 September with Floww, Force Over Mass and Wayra UK.

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