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The best UK cities for women to start a business revealed

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New data has highlighted the best cities for women to start a business in 2022.

The index from payments provider Dojo analysed the number of self-employed women who have started a successful business, and also the number of women employed in these cities, which shows the access to equal opportunities in employment.

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Chelmsford ranks as the best city in the UK for women to start up their own business. Known for being the first city in Essex, Chelmsford benefits from having a strong five year survival rate for businesses with 40% of businesses set up in the region lasting for a minimum of 5 years.

Likewise, 36% of females in the region are self-employed, one of the highest percentages in the index, showcasing the potential success for female entrepreneurs here. Chelmsford scored a total index score of 65 out of 100 making it the best city in the UK for women to start a business!

Worcester is the second best city in the UK for females to start a business

Worcester has been ranked as the second best city in the UK for women to start a business. Similarly to Chelmsford, 40% of Worcester’s female workforce are self employed. Whilst working in the city you can expect an average weekly income of £569, giving Worcester a ranking of 18 out of 44 in the average weekly pay index. Overall, the West Midlands city scored a total index score of 62 out of 100!

Carlisle is the third best city in the UK to start a women-led business

The city of Carlisle is located on the Scottish border and has been ranked as the third best city in the UK for women to start a business. With an overall index score of 61 out of 100 it has a 5 year survival rate of 38%. Office floor space in Carlisle also costs an average of £98 per metre square to rent, making the costs of setting up a business lower compared to other cities in the UK.

York and Debry rank in the top 5 UK cities for women to start a business

Next in fourth place is the city of York. Data showed that businesses in York have 46% survival rate, the highest in the index, suggesting that women looking to set up a business in the city can operate with a certain level of confidence. Overall, York scores a total index score of 61 out of 100!

Rounding off the top 5 is Derby. The industrial city has one of the cheapest for office floor space value, at an average of £70 per metre square meaning the costs of starting a business in Derby are lower. This makes the city a more attractive option for women entrepreneurs on a budget. Additionally, the average weekly pay in Derby is £709, the highest in the index.

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