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Telegraph / News - Politics

Theresa May creates Commonwealth fund to get women into business

Commonwealth countries will be given access to a £7 million fund to help female entrepreneurs “overcome barriers” that stop them getting businesses off the ground, Theresa May will announce today.


Commonwealth countries will be given access to a £7 million fund to help female entrepreneurs “overcome barriers” that stop them getting businesses off the ground, Theresa May will announce today.

The SheTrades programme is aimed at helping women in poorer Commonwealth countries where being female still stands in the way of accessing funds.

The heads of the 53 Commonwealth countries, which together account for one fifth of global trade, will discuss the issue when they gather in London this week for the bi-annual Commonwealth Heads of Government Meeting (CHOGM).

Mrs May believes the Commonwealth holds “vast potential” for future growth, both in terms of individual economies and trade with Britain....

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