Women Entrepreneurs - a breath of fresh air

Women Entrepreneurs - a breath of fresh air

Ever imagined how well your mother manages the house. Women are known to possess many managerial skills. They are in the driver’s seat when it comes to showing off stuff and praising them for no reason at all, which will make them good in marketing as well. Women can manage anything anyone can ever think of.

The UK government understands this fact and wants many more women to come into the entrepreneurial field. It has and always will come with various ways to promote women entrepreneurs. Some of the benefits for women entrepreneurs are: There are many venture capitalists and angel investors who are willing to help women in setting up an enterprise.

The CDFI offers loans with feasible schemes to women.

Banks offer a deferred payment loan called the Professional and Career Development Loan to women.

There are various organisations which work towards training and guiding the women entrepreneurs who have feasible ideas.

The Government works with many banks and organisations for the growth and upliftment of women entrepreneurs.

The government also provides various types of grants to Women entrepreneurs:

Grant for Business Investment (GBI) The very basic type of grant provided for the primitive needs of a business like procuring raw material, machinery and many other elementary things.

Research and Development Grants As the name suggests they are endowed to nurture newer ideas in terms of R&D. These grants are given to projects with innovative ideas.

Business Solutions Grants These grants are allowed at various phases of a business. One can ask for loans for starting up the business or marketing or promotion.

Shared Knowledge Under this policy women can carry out R&D with the help of academic institutions.

Training and Skills This is a program which provides training to develop business skills and it is also known as ‘Train to gain’.

Once you know what type of a grant you will need, complete all the formalities and see to it that you satisfy all the requisite norms. Then you can start up your own business and turn the dream into reality.

We all know about Hermoine Way. She had a new idea and wanted to change the old school way the British media was working. She worked hard on her idea and started newspepper.com and brought a new zing in the traditional British media. Today people look upon her as a media tycoon.

The percentage of women led businesses is very less in UK compared to other developed countries. It is high time we bring our ‘mums’ out of their home shell into the big bad world of corporate and become towering entrepreneurs and shine with flying colours as ‘mumpreneurs’.

 

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