According to Innovate UK, under-representation of women in industry means that, as a nation, the UK is failing to harness, capitalise on and celebrate the entrepreneurial talent of female innovators to the detriment of its economy. Innovate claims that boosting female entrepreneurship could deliver approximately £60bn extra to the UK economy.
To address this, the In Focus Awards have been launched to celebrate and reward women working across four key sectors: Materials & Manufacturing, Health & Life Sciences, Infrastructure Systems, and Emerging & Enabling Technologies.
Each of the 12 finalists will receive a package of support tailored to their needs, and the four winners will each receive £50,000 to support their innovation project or activities.