New research from Approved Index, a UK-based B2B lead generation company, has disappointing news for the UK’s female entrepreneurs: the number of women on the boards of the UK’s top 100 startups has been continuously declining since 2010. In 2014, female representation at the director level stood at a meagre 8.37%. Compare that to the boards of the FTSE 100 Index, which includes many of the largest and most traditional companies in the UK. The FTSE 100 have witnessed incredible growth in female board representation: women now make up 22.8% of the FTSE 100’s board members.

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