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FSB calls for action to level playing field for female entrepreneurs

Fred Heritage | 9 December 2015 | 8 years ago

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One in five small businesses are now majority-led by women, but the FSB wants to see the government do more to support female entrepreneurs
A delegation of female UK entrepreneurs from the Federation of Small Businesses (FSB) has encouraged the government to do more to clear the way for women starting out in business.

At a meeting at 10 Downing Street with senior advisors to prime minister David Cameron, FSB delegates from across the UK outlined a need for a wider range of female small business role models and mentors, and encouraged the government to make it easier for women to access alternative finance and tailored business support for challenges faced specifically by women.

Following the meeting on 8 December, diversity portfolio chair for the FSB, Helen Walbey, said: Women-led small businesses already contribute over 75bn to the UK economy. If women were to set up businesses and growing them at the same rate as men, we would see a huge boost to growth and prosperity in this country.

it’s important that every government department, public agency, local authority and LEP understands what needs to be done to boost female entrepreneurship, from helping them to bid for contracts to tailored business support, she added.

One in five small businesses in the UK are now majority women-led, and recent FSB research has shown that an increasing number of small firms in the retail, hotels, catering and leisure industries have been established primarily by women.

The FSB plans to work closely with the government throughout 2016 to ensure female entrepreneurs’ voices are heard, and that women remain properly supported when starting out and growing a business.

The FSB’s national chairman, John Allan, said: This has been a fantastic opportunity to bring together government officials and female small business owners to address the challenges we need to see.

understanding the importance of diversity and getting more women into business is critical for a dynamic and vibrant small business sector, he added.

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