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Future Forward: UKBAA Investment Summit Day 2 shone a light on Investing in Diversity

Future Forward

Future Forward: UKBAA Investment Summit took place across three days (24th – 26th November) online last week. Packed with panels, keynotes, roundtables, pitching sessions and more, Future Forward saw more than 750 people from across our ecosystem in attendance and it was sponsored by Gold Sponsor JPIN Venture Catalysts Ltd and Silver Sponsor InvestUK.

The second day of Future Forward took a deep dive into the long-standing challenges around diversity in the investment market. It brought leading players together from across the ecosystem to unpick the existing challenges and discuss solutions that could bring about meaningful change.

UKBAA CEO Jenny Tooth OBE opened the day with an overview of what people could expect from the packed agenda of events. ‘How Embracing Diversity Opens Global Opportunity’ with Lord Nathaniel Wei was the first Fireside Chat of the summit, hosted by Silver Sponsor InvestUK’s Executive Chairman Rupert Gather. The chat focused on how creating a diverse and open society helps the UK to attract top international talent and capital from around the world.

Following on from that NatWest Group CEO Alison Rose gave a short update on the progress made following the Rose Review on Female Entrepreneurship. She discussed the eight interventions that were launched and explained the impact those have had to date.

The first half of Day 2 came to a close with the Women Investment Forum, sponsored by SETsquared, where a panel consisting of Alma Angels co-founder Deepali Nangia, NorthInvest Founding Director Helen Oldham, Angel Academe Founder/Director Sarah Turner, Delta2020 Managing Partner Simon Thorpe and UKBAA CEO Jenny Tooth OBE looked at the wider role that women angel investors can play in helping to shape the investment landscape. The panel pinpointing the actions taken by leaders in the ecosystem and discussed what more could be done to support female founders and increase gender diversity in the investment base.

The afternoon sessions began with a keynote from British Business Bank Managing Director, Strategy Economics & Business Development, Alice Hu Wagner. Presenting the results of British Business Bank’s recently released ‘Alone, Together – Entrepreneurship and Diversity in the UK’ report, Alice explained the implications it has for the investment community moving forward.

The closed roundtable ‘A strategy for change’ took place after Alice’s keynote, bringing together key members of the investment community to dive deep into the data and discuss the barriers and challenges faced by black and minority ethnic founders. With a focus on actionable changes, the roundtable explored what was needed to reset the systemic imbalance and create a more level playing field.

Investing in Diversity came to a close with TechInvest: Black Founders in Tech. Celebrating London’s leading Black Founders in Tech, the event saw 10 of the most impressive Black founded teams who are disrupting the market, present their pitches to a panel of judges. Find out more about TechInvest and the companies that presented. 

If you had a ticket for Future Forward: UKBAA Investment Summit, you can access the videos for all of the events by logging in to the Future Forward website at https://futureforward.ukbaa.org.uk. Once logged in, you can access each event via the ‘Agenda’. Please note that the closed roundtables and TechInvest are not available to view.

 

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By UKBAA03 Dec 2020