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08 December 2015

FSB members talk diversity in business at 10 Downing Street

 FSB_celebrates_diversity_at_number_10

A delegation of Federation of Small Businesses (FSB) members, women from across the UK who own and operate their own firms, were invited to 10 Downing Street today (Tuesday 08 December) to discuss some of the challenges and opportunities in business.

Members discussed the need for a greater range of female small business role models and mentors, easier access to alternative finance and more tailored business support focused on the specific challenges women face. Another of the big issues highlighted by the members was around building confidence and peer support. Together with improvements in education, this would see a cultural shift to encourage more women to set themselves up in business as the economic recovery continues.  FSB will be exploring these issues in more depth in new research into women in business to be launched next year. 

Helen Walbey, Diversity Portfolio Chair for the Federation of Small Businesses, added: 

“Women-led smaller businesses already contribute over £75 billion to the UK economy. If women were to set up businesses and growing them at the same rate as men, we would see a huge boost to growth and prosperity in this country.

“It’s important that every government department, public agency, 
local authority and LEP understands what needs to be done to boost female entrepreneurship, from helping them to bid for contracts to tailored business support.  Today FSB members had a chance to discuss this directly with those who have the power to make change, and we look forward to working with Ministers and officials to take this forward.”

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