You can read their full report on women in work right here.
According to Enders, between 2010 and 2017, the number of UK businesses skyrocketed from 1.2 million to reach 5.7 million, making business formation the largest contributor to job growth in the UK economy. 1.2 million businesses were female-led small-and-medium enterprises, dovetailing with 1.6 million self-employed women.
However, according to the Global Entrepreneurship Monitor, women in the UK are less likely than men to be engaged in total early-stage entrepreneurial activity (running a business that is less than 3.5 years old). According to the Women’s Business Council, if women had been able or enabled to form businesses at the same rate as men in 2016, the UK would have benefited from over half a million more businesses.
When questioned, female entrepreneurs have highlighted the following challenges: difficulties understanding, identifying and accessing finance; a general lack of confidence in their business and personal skills; and a lack of visible role models.
Here at Creative Entrepreneurs we believe in creating a strong and large network of creative entrepreneurs to foster amazing business relationships and create role models for younger entrepreneurs. We want to showcase talented, inspirational creative entrepreneurs that can serve as ambassadors for the great business potential in the UK right now.
Together with Ender’s we’ve decided to shed a light on some of the women creative entrepreneurs who most inspire us on a daily basis.