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Economic Development

Women founded over 15,600 North West companies in 2022 - Rose Review

NatWest CEO Dame Alison Rose was commissioned to conduct the first Rose Review in 2019

NatWest chief executive Dame Alison Rose (Image: Dominic Lipinski/PA Wire)

Women founded more than 15,600 new companies across the North West in 2022, according to new figures.

The total is a 4.8% increase on 2021 and is more than twice as many than were created in 2018.

The Rose Review Progress Report 2023 is the latest edition after the Government commissioned NatWest CEO Dame Alison Rose to conduct the first in 2019.

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She said: "It’s a testament to the resilience and entrepreneurialism of female founders that they are creating more companies than ever before, and the Rose Review is expanding its support for their work.

"Across the º£½ÇÊÓÆµ our partners have provided more than 800,000 opportunities for female entrepreneurs to get the help they need to thrive.

"In the coming year we will continue to provide fresh initiatives offering mentorship, guidance and inspiration for founders, alongside securing new commitments from financial services institutions to make it easier for female-led companies to access vital capital.

"By listening closely to entrepreneurs and acting on what they tell us, we will provide backing to help them grow their networks, secure finance and achieve their goals."