New event to celebrate inspirational female leaders in STEM

Employment & Skills | Events | South East | Technology
Roni Savage

Some of the most inspirational female business owners in STEM industries will be celebrated in a new Inspirational Business Women in STEM event in London in March.

Roni Savage – CEO of engineering and environmental consultancy Jomas Associates and FSB Policy Chair for Construction – recently told BBC Worklife she is hoping the campaign can engage with inspirational female entrepreneurs.

Savage was speaking as part of a new project which aims to identify pioneering female business owners in the science, technology, mathematics and engineering sectors.

In 2019, the findings of the Alison Rose review of female entrepreneurship identified that women entrepreneurs are underrepresented in the most productive sectors of the UK economy.

As it currently stands, only 24% of STEM roles are held by women and the country has the lowest percentage of female engineers in Europe. By changing the imbalance in female entrepreneurship, it is anticipated that a further £250bn could be added to the economy.

Following the findings of the Alison Rose review, a range of initiatives have started to be launched to start to tackle this.

RBS CEO Alison Rose has put aside a £1bn fund to help women launch their own businesses, prompted by findings in the review that businesses led by women receive less funding than those headed by men at every stage of their journey.

The government has also announced an ambition to increase the number of female entrepreneurs by half by 2030, the equivalent to nearly 600,000 additional female entrepreneurs.

The Rose Review recommends that encouraging young women to study STEM subjects is key to increasing female start-up rates in those sectors, and the Inspirational Business Women in STEM will play an important role in making this happen.

Along with the Federation of Small Businesses (FSB) and Natwest, Savage has called on all female entrepreneurs and inspirational business women working in STEM to nominate themselves, and celebrate their achievements as part of the Inspirational Business Women in STEM campaign.

Nominations were received up until the middle of February, and a shortlist will be revealed at the Inspirational Business Women in STEM celebration being hosted by Natwest/Coutts in London Strand, on March 11.

Aspiring females in STEM and male allies are also invited to celebrate. It is an event designed to share success stories, and create role models to inspire other women and girls looking to follow a career in STEM.

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