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Solihull MP Launches New Group Which Aims to Support Women in Enterprise

January 22, 2010 12:00 AM

Lorely Burt, MP for Solihull, has initiated a new parliamentary group which is looking to increase the participation rates of women in business.

The group of MPs will meet with experts from business, academia, government and think tanks and will bring forward concrete steps for progress.

ACCA (the Association of Chartered Certified Accountants) will act as the secretariat to the group.

Lorely Burt, who is the chair of the Women in Enterprise Group, said:

"Women make up 51% of the UK population and 47% of those active in the labour market, but they are seriously under represented in setting up small businesses. Only 15% of UK businesses are owned by women. This is something that needs to change."

Meg Munn MP, Vice Chair added: "This group aims to highlight the issues that prevent more women from becoming entrepreneurs and to start proposing solutions. We'll also be looking at best practice from other countries around the world - for example, if the UK matched US levels of female entrepreneurship, there would be 900,000 more businesses in the UK["

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