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Case Study

Women encouraged to ‘cut it’ in the business world.

The potential of female entrepreneurs is set to be unlocked as part of a year-long recruitment drive by the region’s leading high-growth start-up initiative.

 

Mustard.uk.com is actively targeting women in a bid to stimulate the entrepreneurial culture and boost the West Midlands economy in the process.

 

The idea, which has been developed in conjunction with Business Link and a number of partners, will provide a series of specialist workshops and tailored assistance to encourage and develop the skills needed for women to start their own business.

 

Kul Sanghera, Mustard.uk.com Project Director, explained:

 

“Research has shown that female entrepreneurs who would like to set up their own business face barriers that prevent them from fulfilling their true potential, such as demands on their time, family responsibilities and workplace stereotypes. In fact, just a quarter of the UK’s self-employed workers are women, and the West Midland’s has the lowest rate in the UK.”

 

He continued: “What we want to do is take away these hurdles by offering a more flexible approach, which gives them a chance to learn valuable business techniques and explore routes into self employment, with the emphasis very much on high growth businesses.”

 

The first of the three-day workshops was held in January and attracted over 50 women. Further events are planned over the next 3 months to tackle issues, such as raising business aspirations, complimentary skills matching and introductions into marketing, planning and finance.

 

Importantly, they will also address key skills, motivation, confidence, self belief and access to finance through sister programme ‘Route to Investment (R2i)’.

 

“Each session will be delivered using role models, case studies and coaching skills to really get the best out of individuals,” added Kul.

 

“Furthermore, the workshops will be held across the region and will respond to the needs of women entrepreneurs by avoiding school holidays, minimising travel and offering flexible provision for people with childcare and work commitments.”

 

Paul Warwick, Coventry and Warwickshire Business Link advisor and organiser of the events, is delighted with the response so far:

 

“The events have proven to be very popular, so we know that there are women out there eager to set up in their own businesses and become the entrepreneurs of the future. Throughout the duration of the course, we are able to help individuals formulate their ideas, understand their motivations in business and signpost other sources of business support or finance.”

 

Those attending the course have also been able to hear from women who have already set up and succeeded in their businesses. One speaker, Anita Jivan, used Mustard.uk.com support to launch a training and recruitment business in Warwick three years ago and was on hand to offer practical advice on accounts, marketing and business relationships.

 

Kul concluded: “We know that if women set up businesses at the same rate as men then we’d have an additional 150,000 start-ups every year. When you consider the positive effect that this could have on the economy and employment figures in the West Midlands alone, we have to find a way of facilitating entrepreneurial activity amongst women.

 

“There are some wonderful entrepreneurs out there and we are committed to making sure we give them every chance to come forward and make the most of their flair and vision.”

 

Managed by Birmingham Chamber of Commerce, Mustard.uk.com has assisted over 2800 entrepreneurs in launching high growth businesses.

 

In addition to offering a range of specialist support, the initiative has also played an instrumental role in helping former MG Rover workers start their own companies through the ‘FastStart’ programme.

 

Anyone wishing to express interest in future workshops should email: heidimacdougall@businesslinkwm.co.uk

 


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