RBS has launched a £1bn fund to support women entrepreneurs. The bank’s first female boss Alison Rose has pledged to support the creation of 50,000 startups by 2023, with the fund set aside to offer loans for qualifying female-led firms. Before taking the top job at RBS, Rose led a government-backed review which found that women typically launch their company with around half as much capital as men, with less than 1% of all venture capital funding offered to female business owners.