Oral Answers to Questions

Rehman Chishti Excerpts

Thursday 10th April 2014 Commons Chamber

[Michael Fallon]

In my capacity as Minister responsible for oil and gas, I am aware of the opportunities for developing the oil and gas fields off the Falklands. The hon. Gentleman will know that a considerable amount of initial exploration is taking place in the waters just to the north of the Falkland Islands, and of course we stand ready to help the Falkland Islands if that exploration can be turned into significant production.

[Rehman Chishti (Gillingham and Rainham) (Con)]

9. What recent steps he is taking to support women in business and encourage more women to enter business.

[The Parliamentary Under-Secretary of State for Business, Innovation and Skills (Jenny Willott)]

The Government offer a wide range of support to new businesses, for example through the growth accelerator, the new enterprise allowance and mentoring. The latest figures show that over 37% of start-up loans have gone to female entrepreneurs and one in five FTSE 100 board members are now women. We will continue to work closely with the Women’s Business Council and others to help ensure that more women see starting and growing their own business as a real option.

[Rehman Chishti]

I thank the Minister for that answer. Over the past couple of years, we have seen one of the fastest rates of new business creation. Does she agree that we need to encourage more female entrepreneurs such as Tracy Wilson and Emma Brown in my constituency who have launched their new child product business, Dribble Stop Tops? What support are the Government giving to help to sustain such businesses in the short and long term?

[Jenny Willott]

As the hon. Gentleman highlights, record numbers of women are setting up their own businesses. Female self-employment is growing at four times the rate of male self-employment. More than 6,000 female mentors are available to support entrepreneurs, such as his constituents, who want to set up and grow their own business. The Government have a wealth of information and advice available on gov.uk and the great business website to support people in the situation that he highlights.

--- Later in debate ---

[Matthew Hancock]

That is a very fair question. It is true that careers guidance has not been good enough in Britain for an awfully long time under Governments of all stripes and the new publication today, which I am sure the hon. Lady will want to get a copy of and I am happy to send to her, will strengthen the statutory duty on schools and also, crucially, open schools and colleges up to employers and encourage, and make it easier for, employers to get involved in schools, to inspire and mentor and give guidance to young people.

[Rehman Chishti (Gillingham and Rainham) (Con)]

Farmers are the backbone of the £97 billion agriculture and food sector. How are the Government helping them take advantage of the latest science and innovation supporting our world-class agricultural technology sector?

[Mr Willetts]

My hon. Friend is absolutely right about the significance of this sector, and that is why we have a £160 million agri-tech strategy, which is aimed at promoting exports and investment in high-tech agriculture for the future.