Business: Birmingham Selly Oak

(asked on 13th December 2022) - View Source

Question to the Department for Business, Energy and Industrial Strategy:

To ask the Secretary of State for Business, Energy and Industrial Strategy, how many and what proportion of businesses are owned by women in Birmingham, Selly Oak constituency.


Answered by
Kevin Hollinrake Portrait
Kevin Hollinrake
Minister of State (Department for Business and Trade)
This question was answered on 21st December 2022

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 number or 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.

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