PARLIAMENTARY WRITTEN QUESTION
Business: Ownership (1 December 2022)
Question Asked
Asked by:
Alison McGovern (Labour)
Answer
In the UK in 2021, 19% of SMEs with employees (a three-percentage point increase on 2020) and 20% of firms with no employees (21% in 2020) were female-led. The government does not hold regional data relating to the proportion of female-led business.
The Rose Review is supported by the industry-led ‘Rose Review Council for Investing in Female Entrepreneurs’ that aims to coordinate industry-led action to increase investment into female-led businesses.
The Government has set an ambition to increase the number of female entrepreneurs by half by 2030, equivalent to 600,000 new entrepreneurs.
Answered by:
Kevin Hollinrake (Conservative)
9 December 2022
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