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The Government is to set up a new task force to boost the levels of female enterprise. The Task Force on Women’s Enterprise, which will be launched in the spring, will work with Government and the Regional Development Agencies (RDAs) over three years.
The new task force will:
· ensure that every regional economic strategy includes a plan to increase women’s enterprise rates, and that all RDAs have a strategy for incorporating women-friendly business support into mainstream provision;
· evaluate regional Women’s Enterprise Unit pilots, working with all nine RDAs to ensure that lessons from the pilots are reflected in delivery;
· work with all publicly-funded business finance and support sources to collect data on the number of women-owned businesses to monitor progress on access levels for finance, advice and coaching; and
· improve awareness and access to formal sources of finance for women entrepreneurs.
Isabella Moore, Chair of the Women’s Enterprise Panel, said: “The task force will act as a driver for significantly advancing and accelerating the development of women’s enterprise. Increasing our levels of female entrepreneurship will be a key driver for achieving the desired growth in our economic competitiveness. The commitment to establishing the Task Force will also ensure that the UK is leading the way in Europe.”
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