Member Article

AllBright funding platform targeting northern female entrepreneurs with new appointment

Female funding platform, AllBright, is bringing its funding platform to the North after appointing a new Director of the North to spearhead its growth across the region.

The female founders platform has announced that the Chief Executive Officer of Manchester design studio magneticNorth, Lou Cordwell, will be tasked with assembling a new team to help sniff out financing opportunities and support female founders in the North of England.

Encompassing an angel network, crowdfunding platform and female founders academy, AllBright was launched in London earlier this year by its founders Debbie Wosskow and Anna Jones to help bridge the perennial funding gap for female-led businesses in the UK.

With only 10% of global venture capital funds directed at female-led businesses, the programme aims to develop a support and investor network to help accelerate the growth of both female run startups and established businesses in an attempt to redress the marked gender funding gap.

Three startups have already launched campaigns on AllBright crowd, and now the initiative is looking to cast its net further with Cordwell’s appointment.

In light of her appointment, she commented: “I have joined the AllBright team because I want to help unlock the mass of female talent here in the North. As an entrepreneur myself, I know how important a strong network that can provide finance and support is.

“My first task is to set-up a team. Our job will be to spread awareness of AllBright providing finance and guidance to smart women across the North who want to start and scale their own businesses.”

Anna Jones, co-founder of AllBright, added: “Lou is one of the most successful female founders I know and I can’t think of a better person to supercharge our efforts in the region.

“The potential is huge. Stats show that if every woman who wanted to run her own business actually did then we could generate a £10bn boost to UK PLC. Our mission is to help make this happen and empower women from all parts of the UK.”