In the UK, women are much less likely than men to start their own business, and this reduces the dynamism and diversity of our economy. But if as many women as men started their own business, our economy would have 1.2 million more enterprises.
Too many aspiring female entrepreneurs are held back by gender stereotypes, a lack of role models and a lack of access to finance and childcare.
The very networks designed to support new businesses – Local Enterprise Partnerships (LEPs) – are shockingly unrepresentative, with women making up just 15% of board members.
As a result, women’s needs are often sidelined in local growth initiatives. WE say it’s time to invest in the support structures women need to take the leap as an entrepreneur.
Help us persuade your LEP to invest in women-led businesses: sign today.