New £2m investment initiative launched for female entrepreneurs

A new £2 million initiative has been launched with the aim of nurturing the next generation of female entrepreneurs in the West Midlands.

The Fortuna Fellowship has been created by The 51% Club, a support group specifically for female business owners, in partnership with Birmingham-based investment firm Midven.

The programme has been set up to find the West Midlands' business stars of tomorrow and will see up to five, female-led ventures potentially share £2 million worth of investment.

Successful applicants will undertake a 12-month growth programme during which they will be partnered with a mentor, attend workshops and hear from industry experts at seminars.

An advisory board will provide the cohort with guidance in areas such as product testing, manufacturing, launch strategies, exporting and investment.

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