Female entrepreneurs are not receiving the same levels of support when they try to set up new SMEs as men do, a new task force has said.The Women’s Enterprise Task Force will meet for the first time this week and is charged with trying to encourage more women to start their own businesses.According to research that the task force cites, women are half as likely as men to start an independent new business. Equally, only 6.8 per cent of women in the UK are owner-managers of their own SME, compared to 15.8 per cent of men.Website startups.co.uk also reports that women struggle to get financing for their start-up SME. The website says that women are charged an average of 2.8 per cent on loans, while men are only charged 1.9 per cent. Overall, female entrepreneurs can only achieve an average of £10,000 worth of funding for their SME, while men can get £5,000 more."Accelerating the quality and quantity of women’s enterprise in the UK is of significant economic importance," said one of the chairs of the task force, Glenda Stone."Building a pipeline of female-founded seed, start-up and expansion businesses attracts diverse investment and positively contributes to the economy through creating employment and wealth."The other chair, Pam Alexander, added: "Our aim is to inspire and harness the talents and skills of potential women entrepreneurs and to do all we can to encourage them to prosper." © Adfero Ltd

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