BUSINESS SECRETARY Vince Cable has appointed a former womens’ prison chief to help champion female entrepreneurs.
Liberal Democrat MP Lorely Burt will help women-led businesses to understand the help available to their new and growing firms.
She started her career in the prison service and rose to become assistant governor at HMP Holloway, a tough female-only prison in North London.
Ms Burt later worked for companies including Beecham and Europcar in the field of personnel and training before setting up her own training company.
She said: “Just 20 per cent of British businesses are owned and controlled by women. This is a shocking waste of entrepreneurial talent that should be enriching customers, businesses and our economy generally.
“My job will be to investigate the true picture of women’s enterprise in Britain and how Government can encourage existing and would-be entrepreneurs reach their full potential - I can’t wait.”
Ms Burt will be tasked with raising awareness of Government support for new and growing businesses, the sources and types of business finance and public sector contracts.
Female self-employment has seen four times the rate of growth as male self-employment over the last six years.