FEMALE founders on average give away larger stakes in their businesses than their male counterparts, new JP Morgan figures show.

The UK's 10,647 female led businesses raised a record £5.05bn in equity investment in 2021, whilst generating £84.7bn in sales and employing almost 700,000 staff.

However, JP Morgan's research shows women entrepreneurs gave away almost twice as much equity for the same investment as their male counterparts when raising money to invest in their firms.

Charlotte Bobroff, senior advisor to women entrepreneurs across the UK at JP Morgan Private Bank, said: "The data shows us that when female founders do raise equity, they give up a larger percentage of their ownership than male founders."

The research also found that London (3,754) is home to a significantly greater number of female-led businesses than any other region of Britain, including the South East (1,431) and South West (758).

(c) 2022 City A.M., source Newspaper