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Number of female company directors rising, according to BAWE

13/11/2007  11:37:52

 


 

Female entrepreneurship is rising and there are increasingly more women at the helm of new business start-ups, according to new research.

Women who have already established their own businesses have been "pioneers" and have shown other women how to do it, according to the British Association of Women Entrepreneurs (BAWE).

Research from UK enterprise support body Prowess, also shows that women are becoming more attracted to self-employment, with figures increasing from 22.2 per cent in 1990 to 32.6 per cent today.

In 2003, research conducted by Global Entrepreneur Monitor found that almost five per cent of the female population expected to start a business within the next three years.

Tanya Hine, president of the BAWE said: "Some [women] will start up because they want to follow their dream and it is something they may have been wanting to do for ages.

"The others do it because in the FTSE 100 companies, there are still only 3.8 per cent of female directors, so if they are in that sort of environment then its maybe time to step out and go into other things."

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