Why is Future VC important?
%
Identify as Male
%
White
%
Attended one of 4 universities
Figures from other organisations suggest that figures in other parts of the world are similar if not worse.
Whatever country you work in, VCs operate within their own networks and any founder coming from backgrounds not represented in the VC community will find it significantly harder to find investment. This system goes some way to explain the lack of diversity we see worldwide in today’s tech industry.
Lack of representation makes no sense at a fund level or in its portfolio. It has been widely shown that diverse start-ups are stronger investments and investment teams representing a wider portion of society have higher success rates of acquisitions and IPOs. As an LP you are more likely to get a good return if you invest in a diverse VC team yet funds still struggle to access the talent they need to widen their networks and create a representative investment team. That’s where we come in.
Our Impact
In 2018 we launched our first Future VC programme, a paid internship for 30 individuals drawn from a far wider demographic than is found in the VC industry. In 3.5 weeks, we received 850+ applicants who were. We’ve gone from strength to strength ever since.
%
BAME
%
Women
%
First in family to go to University
%
Socio-economically disadvantaged
%
LGBT
Our Values
The Future VC Programme
Future VC provides access and career opportunities to Venture Capital via our internship and development programme. As well as paid internships at some of the top funds in Europe and the US, participants attend a series of unique masterclasses given by industry leaders that cover key knowledge areas required in VC.