Thousands of women join govt start-up initiative

22/June/2012

The government's efforts to get more women starting companies are continuing apace.

Theresa May, the home secretary, announced that thousands of successful women have joined an initiative to kick-start growth by mentoing other women wanting to make UK company formations.

They include Dame Mary Perkins, the founder of Specsavers, Hallett Retail founder Wendy Hallett and digital business entrepreneur Penny Power.

Last year, the home secretary announced funding to recruit and train 5,000 mentors as part of a package of support for women in business.

Ms May said women were vital to the country's economic future and a network of mentors would help even more women reach their "true potential".

"'The government is working hard to help women make the most of their talents, but we cannot act alone. I'm delighted by these mentors' commitment to helping budding businesswomen succeed - and to making Britain prosper," she said.

This week the government also published details of a £2 million scheme to help female entrepreneurs in rural areas start or build their own business.