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Dublin: 16°C Tuesday 26 October 2021
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Women are less likely to set up their own business than men

They are 2.5 times less likely to set up their own business than men because they lack confidence.

Minister Kathleen Lynch T.D (centre) at the launch of plans for National Women's Enterprise Day, with Alison Banton from Brooke & Shoals Fragrances (left) and Fiona Leahy, County and City Enterprise Boards
Minister Kathleen Lynch T.D (centre) at the launch of plans for National Women's Enterprise Day, with Alison Banton from Brooke & Shoals Fragrances (left) and Fiona Leahy, County and City Enterprise Boards
Image: Leon Farrell/Photocall Ireland

WOMEN ARE 2.5 times less likely to set up their own business than men because they lack confidence, it has been revealed, as a new initiative was launched today to get more women to start their own businesses.

Speaking at the launch of plans for ‘National Women’s Enterprise Day’ in Dublin, Minister Kathleen Lynch T.D said that it was critical that more women were encouraged to start or improve their own businesses.

“Female entrepreneurship has been identified as a key driver for economic growth and the achievement of gender equality in recent EU economic and gender equality policy documents.”

The conference takes places on October 17th and 18th in Portlaoise, where Lynch and four female entrepreneurs from around the country will address attendees. The entrepreneurs are Alison Banton from Brooke & Shoals Fragrances in Wicklow, Caroline McEnery from HR & Business Solutions in Kerry, Fleur Creed from Genesis Business College in Wexford and Sarah Nic Lochlainn from Aruna Sauces in Louth.

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