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Disability Finance Code for Entrepreneurship

03 December 2024

Proposing MP
Gareth Thomas Lab Co-op
Harrow West
Type
Written Ministerial Statement
Department
Department for Business and Trade
View on Parliament.uk -->
TAGS
Economy

At a Glance

Issue Summary

This statement addresses barriers faced by disabled entrepreneurs in accessing finance and opportunities for entrepreneurship.

Action Requested

The Minister is launching the Disability Finance Code for Entrepreneurship (DFCE) to drive engagement between disabled entrepreneurs and financial services, aiming to increase access to finance and support for disabled founders through inclusive design principles and increased representation.

Key Facts

  • Eighty-four per cent of disabled founders feel they do not have equal access to opportunities as non-disabled founders.
  • The Disability Finance Code for Entrepreneurship (DFCE) is being launched today.
  • Lloyds Banking Group, NatWest, Barclays, HSBC UK are founding signatories.
  • Current delivery partners include UK Finance, the British Business Bank and Small Business Britain.
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