The report supports the socio-economic argument for strategically supporting women’s enterprise, setting out the economic imperative for supporting and developing women’s enterprise.
The North West Development Agency has produced a new report, “Supporting Women’s Enterprise for Economic Growth: A Baseline Report for the North West of England” which has been produced as part of the NW Women’s Enterprise Forum Legacy.
The report supports the socio-economic argument for strategically supporting women’s enterprise, setting out the economic imperative for supporting and developing women’s enterprise. It is estimated that women-led small to medium sized enterprises (SMEs) contribute approximately £50 billion to the UK economy and the latest UK data indicates that “an increase in the number of majority women-led businesses by 100,000 would lead to an additional £7 billion annual output in the economy”.
The aim of the report is to provide an evidential baseline drawing on recent regional data and research to help inform the development of emerging enterprise frameworks to ensure that future business support is fit for purpose and continues to encourage and support women in business. The report also provides a brief overview of the main activities undertaken during the life of the Business Forums project.
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