What is the face of female-owned SMEs really like?

01/08/2018 11:53


Following news that a major UK bank is offering SMEs led by women a significant financial boost, we thought we should look into what the face of female-owned businesses in the UK is really like.


NatWest recently launched a £150 million capital fund to SMEs led by females as part of a wider plan to support the success and growth of businesses headed up by women. The bank will also be hosting a series of events, perfect for entrepreneurial females that are keen to network and increase their connections within a business setting. 


The boost comes following statistics that have revealed that over the course of the last three years, over 40 per cent of the 4,000 startups and high growth businesses that NatWest has supported through its Entrepreneur Accelerator network have been led by women. 


Over recent years, the gender gap has narrowed between entrepreneurial individuals and women have really been excelling when it comes to start ups. It’s encouraging to see that the number of women choosing to go into business has also risen by 45% over the last decade, whereas for men, the figure has only risen by 27%. 


While men still remain twice as likely to run their own business, it’s promising to see that women are beginning to catch them up. It’s also interesting that a survey carried out by employee benefits provider Personal Group has revealed that women are much happier in the workplace. 


70% of women who manage to reach the top of the pile as company directors or owners are enthusiastic about their job most of time, compared to only 50% of males in similar positions of authority, which could in fact suggest that women are also more adept when it comes to dealing with the pressures associated with running businesses.


We offer UK businesses operating across a variety of sectors, including retail and construction, fast and flexible expansion capital options. The business loans and overdrafts that we provide are from substantial private owned investment companies and our strong connections with such businesses allow us to make suitable matches for businesses. 


For more information about GIC Capital visit our website

We aim to deliver much needed capital to start-ups and SMEs

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