100 female start-up owners will receive free business training thanks to a £43,000 investment from Milton Keynes City Council.
Incubation Nation will run an 8-week bootcamp that will help businesses with cash flow, increase business profitability, social media training, concept validation, business planning and general business support. In addition, entrepreneurs will have access to dedicated one-on-one sessions with an experienced business owner.
The Incubation Nation programme is part of the City Council’s award winning £3.1m Economic Recovery Plan which has benefitted more than 900 local businesses so far. Of this, the City Council is investing £250,000 to support women into work as research shows that they are almost twice as likely to have lost their jobs due to the pandemic compared to men.
A fifth of women choose to work as self-employed to help combine family commitments and employment in a flexible manner. Over 80% of British companies fail within their first year, with 42% of these companies failing within the first six months, according to ONS statistics in Feb 2022. Business bootcamps can prove to be valuable tools when it comes to starting a business.
Businesses interested in enrolling onto the programme should visit www.incubation-nation.co.uk for more information.