FutureFemHealth reposted this
Earlier this month we submitted evidence to the UK Government's Women and Equalities Select Committee call for evidence on female entrepreneurship. Our evidence on the challenges facing women in business has now been published online (read it below). As part of our evidence we shared our CensHERship research which shows the barriers that women's health businesses in particular face when accessing essential business services (such as banking, insurance, payment providers and more), and the censorship challenges these businesses face when trying to build and grow their businesses. In our submission we now call upon Government to: 📌 Break down stigma, bias among the decision-makers - very often male-led VC firms, male investors and males with budget control. This is the way to get more funding into the hands of women. 📌 Introduce new legislation similar to the EU’s Digital Services Act to help try to make sure Very Large Online Platforms (VLOPs) such as Google, Meta and Amazon ensure fair and equal access for all and non-discriminatory moderation policies. 📌 Review the SIC code categorisation to make sure it is more modern and includes in-demand female-founded sectors such as women’s health and sexual wellbeing. Otherwise these businesss are being incorrectly classified, which creates problems when applying for various services and the industry as a whole cannot be accurately tracked. 📌 Create more initiatives to support more women to become angel investors. This will help support more funding to reach female-founded businesses too. 📌 Review education and curriculum in schools to build in entrepreneurship and investing education at an earlier age for all genders. What do you think? What would you add to help reduce barriers for female entrepreneurship in the UK, particularly in the women's health sector? Read our full submission here: https://lnkd.in/eTMRHXEC