UK's WEC to Hear from Business Investors about Female Entrepreneurship

• The third evidence session on female entrepreneurship will be held by the Women and Equalities Committee (WEC)
• Four business investors will share their knowledge and offer proof

The third evidence session of the Women and Equalities Committee's (WEC) investigation into female entrepreneurship will take place in Parliament on Wednesday, June 4, under the direction of Labour MP Sarah Owen. As MPs examine ways to increase investment in female-led businesses and how investors can better assist female entrepreneurs, four business investors will testify during this session.

The discussion will cover important topics such as funding disparities, structural barriers, investment practices, and biases that affect female entrepreneurship. WEC's study aims to assess the barriers women face when trying to become entrepreneurs, identify the sectors with the greatest barriers, and offer solutions to address these inequalities.

This evidence session comes after talks in April and May that looked at the general situation of women entrepreneurs in the UK. The investigation is a component of the larger work that Parliamentary select committees do. These committees examine public administration, government departments, and policies in both the House of Commons and the House of Lords.

Up to 11 MPs usually make up a Commons select committee, which decides the course of investigation, gathers evidence, and publishes conclusions that frequently call for a formal government response within 60 days. While some committees, such as the Public Accounts and Environmental Audit Committees, operate across departments, others concentrate on the internal operations of Parliament or carry out investigations into standards.

In order to support particular investigations, committees may also designate specialized advisers, who are typically experts or scholars. The majority of select committee chairs are now chosen by members of parliament as a result of reforms, and the Backbench Business Committee now has the power to schedule non-government business in the Commons.