Women-led businesses are 'driving force' of UK economy
In a global first, new analysis - based on open-government and LinkedIn data-sets - reveals how companies led by women grow, perform and rank - identifying the fastest-growing and most dynamic women-led businesses across the UK. Women-led businesses are 'driving force' of UK economy
762women-led companies 1M - 250 Million are expanding at a Median Growth Rate of
Contributing nearly 2 billion moreto GDP in last year!
Average turnover up by more than 2 Million in last year!
Average Revenue per women-led company9,631,61311,930,3182,298,419Median Revenue2,171,4673,236,190881,593
453are growing at
20%a yearof these:
are growing at
the proportion of women led-businesses increasesas the size of the businesses increases&as the growth rate of the businesses increases, compared to businesses overall.
11% of businesses are women-led
Growing tech companies Run by Women - Turnover
Turnover Growth (GBP) vs Growth Rate (%)
Turnover in the last year vs Turnover Growth (GBP)
Tech SectorAccounts for 67% of women-led businesses
grow at 20%per annum188
grow at 50%per annum
Management Consulting growth
Events Services growth
Sector diversity in women-led businesses is strongPR & Comms growth
National GrowthFast-growing women-led companies present in all regions of the UK68% headquartered outside London
Scottish women-led companies are growing revenues at a median annual rate of 30%
National GrowthGreater London leads the way with 273 women-led businesses (44 in Camden).Beyond London:Leeds is a stand out city with 43 women-led companies, Enterprise M3 and the South East, home to 29 women-led companies eachGreater Birmingham and Solent with 25 each.
National Growth across sectorsFood & Drink,EdinburghInformation Technology, LondonStaffing & recruitment, London
We have been long and vocal advocates of building a diverse economy; one constructed on a foundation of vibrant SMEs led by, and employing, as diverse a cross-section of the public as possible.
As a community, we must continue to do more to encourage the spirit of entrepreneurism in young people across the country, to help create the next generation of British founders and business leaders.
Supporters & Contributors
Xavier Rolet, CEOI am delighted that we now have the ability to identify and track the growth of female led businesses as a result of the UK governments open data policy.
This report confirms that women-led business leadership contributes immensely to growth and innovation right across the UK and I commend these women and their organisations for making a significant impact on our economy.
Baroness Shields, Minister for Internet Safety and Security
Supporters & Contributors
Jacqueline de Rojas, ChairI am encouraged to see women in leadership positions all across the UK.
If we are to ensure economic growth, Women, no matter where they live, must have the opportunity to take on senior roles. Job creation is not and must not be limited to London. We need to drive productivity right across the UK.
We are delighted to celebrate these women who are making a major contribution to UK economic growth. I hope by literally, putting them on the map they will find it easier to find the talent to hire to fill all those orders their customers are placing with them.
I set up Founders4Schools to inspire young people to consider starting their own businesses. The fact that we now have 762 examples available to inspire the next generation of girls about the impact they can also have on the world is very exciting.
Sherry Coutu CBE, Chair & Author of the Scale up Report
Supporters & Contributors
Martha Lane Fox, FounderWhilst the data shows the tech sector accounts for (67 %) women-led businesses in the UK, there is so much more to be done.
If the UK is to leapfrog every other nation on this planet to become the most digital, most connected, most skilled and most informed on the planet - we urgently need to address the gender imbalance within the tech sector and ensure that our leaders, investors and entrepreneurs come from the widest pool of home-grown talent.
This amazing new open data from Founders4schools will support those brilliant women who are helping drive the UK economy and will enable us to foster the maximum breadth and depth of digital talent that the UK has to offer.
Anya HindmarchBarclaysBailey Fisher Executive SearchBBCCBI Cambridge NetworkCareers & Enterprise CompanyCreative EntrepreneursDecodedDot EveryoneEntiqFacebookFidelio PartnersFieldHouse AssociatesGenius FoodsGo on UKSeven HillsSkills MatterSTEMnetSVC2UKTeachFirstThe Tech PartnershipTech UKTech London Advocates WomenintechThe UpgroupUnrulyUS GovtWeAreTheCityWiredWISE CampaignWITYourLife CampaignGoogle CampusGrant ThorntonGoldman Sachs 10,000 Small BusinessesImperial InnovationsInnovate UKInspiring FiftyLife SkillsLondon & PartnersLondon Stock Exchange GroupMerian VenturesMITNew Entrepreneurs FoundationSalesforceScale Up InstituteSecond HomeSupporters
For more information visit: www.founders4schools.org.uk