New Businesses: Females

Department for Business, Energy and Industrial Strategy written question – answered at on 17 March 2020.

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Photo of Baroness Mone Baroness Mone Conservative

To ask Her Majesty's Government, following The Alison Rose review of female entrepreneurship, published on 8 March 2019, what progress they have made in increasing the number of female entrepreneurs.

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

In response to the Alison Rose Review, the government has set out an ambition to increase the number of female entrepreneurs by 50% by 2030, equivalent to nearly 600,000 additional female entrepreneurs.

In order to help realise this ambition, over the past year the Government has worked closely with industry to implement the eight recommendations of the Rose Review. The Rose Review Board, which is co-chaired by BEIS and HM Treasury Ministers, has been established to oversee progress, which includes:

  • HM Treasury have launched the Investing in Women Code, which to date has 22 signatories;
  • Working with partners to expand the expert in residence programme to all 38 Local Enterprise Partnership (LEP) areas in England.

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