THERE is an “alarming” lack of budding entrepreneurs in Wales, according to a new report.
The study, by research company Gavurin, found that only 4% of young male and female entrepreneurs are developing original business ventures in Wales – compared to 40% in London and the south east of England.
Gavurin said the figures “do not bode well for the future of the country”.
Wales also has fewer women executives than most other parts of the UK, with only Scotland, Northern Ireland and the North East of England faring worse.
Paul Miller, managing director of Gavurin, said, “There is an increasingly robust debate taking place about the contribution women make to our society and the role they play in shaping key institutions. And few institutions are as important as those which employ us.”