Royal Bank of Scotland (RBS) has announced a new £1 billion in funding through NatWest to support female entrepreneurs in the UK to scale and grow – the largest intervention by a UK lender focused specifically on female-led businesses.
The bank has also announced that it is setting a target to support and inspire 500,000 people to consider starting a business – of whom at least 60% will be female – in order to help create at least 50,000 new businesses by 2023.
The Female Entrepreneurship Funding builds directly on a key finding from The Alison Rose Review of Female Entrepreneurship (‘the Rose Review’), that the single biggest issue holding female entrepreneurs back is the lack of funding directed towards them.
For further information please visit the RBS website.
Why not visit the Supporting Women in Wales page to find out what support is available for women entrepreneurs.