February 22nd, 2023.



All-women teams established over 150,000 new businesses last year, with young women aged 16-to-25-years-old the most active entrepreneurs

One fifth of all new companies founded last year were set up by all-women founders, with the biggest jump coming from young women aged 16-25-years-old.

Women established 151,603 companies in 2022, up by 6,332 on the previous year. They represented 20 per cent of all incorporations, compared with 16.7 per cent in 2018.

Female entrepreneurs aged under 25 were the largest group, setting up 17,489 businesses last year, compared with only 785 in 2018.

The figures were collated in the latest annual progress report of The Rose Review into female entrepreneurship, led by Dame Alison Rose, chief executive of NatWest Group.

Rose said: “It’s testament to the resilience and entrepreneurialism of female founders that they are creating more companies than ever before.”

Small business minister Kevin Hollinrake added...

For the full story at smallbusiness.co.uk CLICK HERE.