Budding females to get 1,000-strong support network

Female graduates are to be mentored and advised by a 1,000-strong network of entrepreneurs.

They will be given the know-how and inspiration to go out and set up their own businesses, according to industry and regions minister Margaret Hodge.

The 1,000-strong network is to be recruited by regional development agencies and will work with the new Task Force for Women's Enterprise.

Ms Hodge said: "There would be three quarters of a million more businesses in the UK if we matched US levels of female entrepreneurship.

"Successful women throughout the country can and must mentor and inspire many more women to think 'yes I can do that' and take the confident plunge to start their own business."

Ms Hodge claims that the initiative will not only help more females start their own businesses but will also help break down gender barriers and promote equality in business.

As well as female graduates, the advice on offer from the 1,000 entrepreneurs will be targeted at women in their 30s who may have the ideas for a successful business but are tied down by family matters and other commitments.

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