Entrepreneurs are right to expect government support in creating a strong business environment, but should stand on their own two feet when it comes to trade shows like CES.
While the chancellor failed to mention the winding down of the Business Growth Service and its initiatives such as Growth Accelerator in his speech or subsequent full Autumn Statement and Spending Review documentation, it has now emerged that it will go as part of wider cuts to the Department for Business, Innovation & Skills (BIS).
Supporting the community is a priority for 27 per cent of the UK's entrepreneurs, according to a study, as social causes and purposes are responsible for triggering business ventures.
This period of economic recovery has brought with it much to be proud of, but I found myself banging my head against the wall when I saw that university numbers have swollen.
The number of women starting businesses has increased more than those started by men, but studies show women still lack support to take their business to the next level. A free online tool has been launched to help women find out where their strengths and weaknesses lie.
Despite making up just 0.5 per cent of UK businesses, medium-sized businesses (MSBs) account for a fifth of employment and 25 per cent of UK turnover. In 2013 it was believed that a disturbing gap in export finance was shackling the international ambitions of MSBs and could damage the UK economy’s long-term prospects. This pattern seems to have shifted.
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The evidence is clear: equality for women means progress for all. However, the UK is still lagging behind. There have been numerous discussions about the potential for men to help achieve gender equality, but a First Women Summit debate asked what policies the next UK government should be prioritising in order to support women in business.