17 October 2019
Harriett Baldwin highlights the gender gap in entrepreneurs
Harriett Baldwin calls on the Government to do more to reduce the gender gap in entrepreneurship.
Harriett Baldwin (West Worcestershire) (Con)
We have a gender gap not just in the workplace, but among entrepreneurs; one in 10 men in work are entrepreneurs, whereas only one in 20 women are. What does the Minister think would be the best way to address that?
Elizabeth Truss
My hon. Friend is right about this, particularly in respect of funding. Female-led businesses are getting less funding from venture capital than male-led businesses. We want to address these barriers and open up entrepreneurship to women across the country. We are lagging behind places such as Canada and Australia, and we need to do better.