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February 13, 2005
Why Women Are Leading The Way As Small Business Entrepreneurs
Women in rural areas of the north west of UK are leading the way as small business entrepreneurs. This is according to recent research and statement by Women And Equality Minister, Jackie Smith.
According to the minister, "If women started businesses at the same rate as men we would have 150,000 extra start ups in the UK.
In terms of contribution to UK economy, rural female entrepreneurs are helping to generate £50 and £70 billion a year.
But barriers remain that prevents more women from following in the footsteps of successful women entrepreneurs, such as access to finance, business support, help with confidence and self esteem, rural isolation, not being taken seriously, and more role models.
According to "Global Entrepreneurship Monitor" report from London Business School. Female entrepreneurship in the UK rose to 3.9% in 2004.
According to "Gemconsulting" report, women amount to 5.1% of total entrepreneurial activity in the UK.
Posted by David at February 13, 2005 10:19 PM
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