Question to the Department for Business, Energy and Industrial Strategy:

To ask the Secretary of State for Business, Energy and Industrial Strategy, what assessment he has made of the effectiveness of Growth Hubs in supporting women in the East Midlands who want to (a) start and (b) grow a business.

The network of 38 Growth Hubs across England provides free and impartial advice to anyone wishing to start and a grow a business. At March 2018, Local Enterprise Partnerships in the East Midlands reported that since launch their Growth Hubs have supported over 36,500 businesses; of which 3,835 received intensive support. Furthermore, East Midlands Growth Hubs have helped over 2,000 entrepreneurs start their own business since launch.

Across the UK, there are now 1.1 million women-led small and medium-sized businesses and I want to see that number grow. Access to finance is key area that can support that aim and I am pleased to report that the government-supported Start-Up Loans Company has provided loans worth nearly £436 million to those wishing to start a business, of which nearly 40% have been given to female entrepreneurs at March 2018.