International Women’s Day — House of Commons, 2015-03-05
Topic: Mixed Topics
Mary MacLeod (Conservative, Centre-right): Absolutely, and it is a real loss to their business when they cannot retain that talent. There is a simple and proven business case that shows that they need to keep hold of that talent. They have to look at every single part of the pipeline to ensure that women stay in their organisations. If they have a short time away from work because they are on maternity leave or have to look after young children, those companies need to encourage them and support them back into the workplace I met Martha Keith when I decided to conduct an experiment in west London by setting up three entrepreneurship workshops—I called it the start-up challenge—in Hounslow, Brentford and Chiswick. I leafleted the whole area, going from door to door to hand out a really positive flyer that said, "I believe you can do it, so please come and find out how. Let’s work together to make this happen." We were inundated with women who wanted to find out more and see if they could do it. The inspirational part of those events was hearing the entrepreneur’s story; a women standing up and telling her story, explaining what she had done in her business—the good, the bad, the challenges and the obstacles—and how she eventually succeeded. The women listening realised that maybe they could do that too Martha Keith came along to one of those events. She had left a good job in GlaxoSmithKline to set up her own business, Love Give Ink, which makes brilliant stationary. I also introduced her to the Prime Minister when he visited Brentford, and he then used her as an example in his speech to the Federation of Small Businesses last year. She now employs several people, is doing a great job and has never looked back. People like Martha can make a difference not only by changing their own lives and contributing to the economy, but by doing something new and different or better than anyone else Creating opportunities for women and encouraging them to do something that will make a real difference to their lives is so important. The Government have helped with that, as we have heard from my hon. Friend the Member for Stourbridge (Margot James), by clearly signposting businesses on the Great Business website, because we have so many great women in this country that we want to promote what they do by building on the Great brand; handing out 25,000 start-up loans, a third of which have gone to women; changing the tax code so that home businesses do not typically have to pay business taxes; introducing growth vouchers to help small businesses access specialist advice; and opening up the banking industry to challenger banks, encouraging crowdfunding and hopefully doing more on alternative finance It is great to hear that more women than ever before are starting up businesses. Some 20% of small and medium-sized enterprises are run either by women or by a team that is over 50% female, which is an increase of 140,000 since 2010. There are other things that we are doing to support women in their roles. For example, 2 million families will benefit from the new tax-free child care scheme. The increase in the number of free hours of early education for three and four-year-olds will make a difference, as will extending free early learning places to 40% of the most disadvantaged two-year-olds I urge the Government to continue doing all they can to support small businesses; to consider the contribution women can make to enterprise; to celebrate the contribution that women who have set up their own businesses make to the workplace; and to promote role models. If we talk more about role models, perhaps more women will get involved. It would inspire not just our generation, but the next generation of girls to feel that they can take the same route. By talking about all the great people who have succeeded in the world of enterprise and the women who have made a contribution to this country, I believe we can make that happen locally, nationally and across the world.