Business: Females

Women and Equalities written question – answered on 4th March 2017.

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Photo of Diana R. Johnson Diana R. Johnson Labour, Kingston upon Hull North

To ask the Minister for Women and Equalities, whether the Government provides financial support for an awards scheme specifically for outstanding female entrepreneurs and businesswomen.

Photo of Caroline Dinenage Caroline Dinenage The Parliamentary Under-Secretary of State for Education

Innovate UK, the UK’s innovation agency, is continuing its mission to challenge the disproportionately low numbers of women entrepreneurs in the UK through its inaugural ‘infocus – Women in Innovation’ competition.

Launched in May 2016, the nationwide competition aimed to increase the number of women led applications for Innovate UK funding opportunities. Each winner was awarded £50,000, a tailored business support package and was paired with a business mentor. The winners of the first competition were announced in November 2016.

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