New Businesses: Females

Department for Business, Energy and Industrial Strategy written question – answered at on 17 October 2019.

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Photo of Harriett Baldwin Harriett Baldwin Conservative, West Worcestershire

To ask the Secretary of State for Business, Energy and Industrial Strategy, what recent assessment he has made of the reasons for the national gender gap among entrepreneurs.

Photo of Kelly Tolhurst Kelly Tolhurst Parliamentary Under-Secretary (Department for Business, Energy and Industrial Strategy)

The Alison Rose Review of Female Entrepreneurship, published in March, identified key barriers that lead to lower rates of entrepreneurship among women, including low access to finance, and lack of mentoring and networks.

In response, Government has set the goal to increase the number of female entrepreneurs by half by 2030, equivalent to nearly 600,000 new entrepreneurs.

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