Opinion

January 24, 2024

New UK rules will drastically lower the number of women able to angel invest in startups

We need to take action now or the UK’s growing pool of diverse angels will be compromised, squeezing out women and underrepresented groups

The UK is Europe’s most mature startup ecosystem, with a vibrant tech community, a web of funding options and — until now — strong government support, thanks to tax relief schemes for investors like EIS and SEIS, and access to innovative financing such as UKRI grants, R&D tax credits and focused regional support from the British Business Bank. 

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The impact of the new rules on qualifying as a High Net Worth Individual (HNWI). Research by Marla Shapiro (HERmesa) and Roxane Sanguinetti (Alma Angels) using data from the Survey of Personal Income 2020-2021.
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Roxane Sanguinetti

Roxane is an experienced investor, head of Strategy at the quant fund GHCO and co-leading Alma Angels, advocating for a more inclusive community of investors.

David Fogel

David is Co-founder of Alma Angel & Bramble Club, a seasoned VC and startup operator that has spent the last 20 years working with and advising more than 1,000 founders across EMEA.

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