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Small Businesses: Females

Volume 458: debated on Thursday 22 March 2007

To ask the Secretary of State for Trade and Industry what steps he is taking to assist female entrepreneurs to set up their own businesses. (128953)

Women entrepreneurs make a significant contribution to the UK economy. Women-owned businesses contribute about £60 billion to the UK economy. Developing women’s enterprise is therefore an economic imperative.

That is why I have been working with providers of business support to ensure that women can access the women-friendly advice and help they need. Our key partners in this area are the regional development agencies.

I have set up the Task Force on Women’s Enterprise, which has been tasked with driving forward the development of women’s enterprise.

To supplement the role of the Task Force, I have also established a network of women entrepreneur ambassadors to inspire other women in starting their own businesses.