Solihull MP Lorely Burt has been given a new Government role to support female entrepreneurs and women-led businesses.
The Lib Dem MP has been appointed a Women in Enterprise Champion, which will compliment the work already being led by the Department for Business, Innovation and Skills (BIS) to create a more entrepreneurial culture and make the UK the best place to start and grow a business.
“Just 20 per cent of British businesses are owned and controlled by women,” Mrs Burt said.
“This is a shocking waste of entrepreneurial talent that should be enriching customers, businesses and our economy generally.
“My job will be to investigate the true picture of women’s enterprise in Britain and how government can encourage existing and would-be entrepreneurs reach their full potential – I can’t wait.”
The role will be unpaid and last until the end of this year. The MP’s duties will include raising awareness amongst women about the Government’s offer for new and growing businesses, encouraging more women-led businesses to compete for public sector contracts and generate more Queen’s Award for Enterprise nominations for female entrepreneurs and women-led businesses.
Business Secretary Vince Cable added: “Lorely will bring a wealth of experience to this role, having worked in and started up her own business. She is not only a role model for other female entrepreneurs, but will be an ambassador for the support currently available to ambitious women-led firms.
“Female-led businesses currently make up 20 per cent of small and medium sized businesses, and it’s important when women consider starting their own businesses they know more about the support and help on offer, and the opportunities available.”