New kit helps female SMEs reach their potential

A self-assessment kit, specifically aimed at supporting female entrepreneurship, has been developed after figures show a rapid increase in the number of women starting-up in the UK.

The Government-funded online kit is designed to help women-led firms reach their potential by identifying gaps in knowledge, experience and confidence, and offering a solution. You can take the test here.

Hosted by small business network Enterprise Nation, it is hoped the Self Assessment Toolkit which comprises a questionnaire and produces a bespoke training programme, will encourage more women to consider entrepreneurship, while offering those already running a company, practical help to take their business to the next level.

Emma Jones, founder of Enterprise Nation said: “Despite a huge increase in female entrepreneurship rates here, women in the US are still twice as likely as women in the UK to start a business. And once they are running a business, studies show women are likely to find it more difficult than men to obtain finance, they also have a lack of awareness of the support available – as well as that level of self-belief that often propels men towards higher growth.

Open to both men and women, although concentrating its efforts to attract and help more female users, the microsite teases out niggles and worries through subtle questioning, analysing the answers to build a picture of strengths and weaknesses and outlining a programme of support.