WeWork London launches female founders partnership

Keiligh Baker's picture

WeWork and Capital Enterprise have announced a partnership to support female-founded and female-led startups by providing them with the space, educational resources and global community they need to grow their businesses.

The partnership will be launched with a series of investor and influencer events in the lead up to International Women’s Day.

WeWork will welcome the Capital Enterprise’s One Tech programme – which supports underrepresented tech founders in London – to its spaces across London to support One Tech’s aim to double the number of women accessing investment by 2020.

WeWork will provide one hundred entrepreneurs from Capital Enterprise’s One Tech programme with a WeWork membership. The female founders will be given three month hot desk memberships, which include access to WeWork’s space, custom programming, mentors and local investors as well as use WeWork as their base, and tap into its community of over 40,000 members in London.

The partnership will launch on Monday 4th March, ahead of International Women’s Day on 8th March and, to celebrate, WeWork and Capital Enterprise are hosting investor events – free for both members and non-members to attend.

Leni Zneimer, WeWork’s VP of Community said: “It makes so much sense to announce this partnership with Capital Enterprise on our ninth birthday. Like WeWork, Capital Enterprise has built a community connecting startups and entrepreneurs and helping drive their success. We’re looking forward to offering their founders access to our global community of over 400,000 members, thoughtfully designed spaces and a varied and engaging events programme to help them grow.

“Fifty-four percent of WeWork London’s female members are founders, sole proprietors, or in management and I’m looking forward to working closely with the Capital Enterprise team to support more female founders across London.“

Alison Partridge, Head of Strategy for Capital Enterprise says, “We have an ambitious target to help founders raise a total of £15 million to grow and scale their companies, and this partnership will enable those founders to receive tailored support to establish and grow their businesses.

"Currently, in the UK, for every £1 of venture capital investment, less than 1p goes to all-female led teams. A staggering 93 percent of all funds raised by European VC-backed companies in 2018 went to all-male founding teams."

OneTech is powered by Capital Enterprise with support from Founding Sponsor JPMorgan Chase and the Mayor of London’s Digital Talent Programme.