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NCL to host Lanarkshire Women in Business event

NCL to host Lanarkshire Women in Business event

By Media Team on 12/11/2019

A networking initiative supporting more women into business ventures is to host an event at New College Lanarkshire.

The Lanarkshire Women in Business (LWIB) event will take place at our Coatbridge Campus on Wednesday 27th November.

Based on the theme of ‘Closing the Female Funding Gap’, the evening aims to offer a mix of expert advice and access to organisations that fund start-up and growing businesses.

It is the second event of its kind, following the launch of the initiative in September, which was supported by the Business Development team at New College Lanarkshire.

The network was established to tackle the gender imbalance that exists in Lanarkshire’s business sector, where only 25% of self-employed people are female.

The evening will feature two speakers from Cumbernauld-based businesses – Kathleen McShane, managing director of artisan bakery Bavarian Bakehouse, and Kate Berry of The Academy of Clinical Training – who will each speak about their business start-up and funding journeys.

There will also be a series of seven-minute pitches from funding organisations who will outline potential support opportunities such as grants, loans, equity and crowdfunding.

The nine organisations pitching their opportunities are:

  • DSL Business Finance
  • Business Loans Scotland
  • Scottish EDGE
  • Gabriel Investments
  • Scottish Enterprise / Crowdfunding
  • Lending Crowd
  • Digital Development Loan Scheme
  • North & South Lanarkshire Council Grant Schemes
  • Clydesdale Bank

Yvonne Weir, Enterprise Manager at North Lanarkshire Council, said: “Feedback from our LWIB launch was pretty conclusive: finance was highlighted as a key area of interest to the women who attended.

“We have also taken note of findings from the Alison Rose Review of Female Entrepreneurship which identified ‘low access and awareness of capital’ as a barrier for women in starting and growing businesses.

“This event will focus on closing gaps, both in knowledge around the different funding sources that exist, as well as the skills needed to secure funding.

“We will be turning the tables, asking a line-up of local, regional and national funding organisations to pitch to our audience of female attendees in seven-minute slots.

“Levels of energy and enthusiasm were high at our LWIB launch. We want this event and future ones to build on that momentum.”

LWIB is organised by North and South Lanarkshire Councils, Business Gateway Lanarkshire, New College Lanarkshire and Federation of Small Businesses.

The event runs from 5.30pm until 8pm.

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