Peterborough comes 8th in list of best cities for women starting a business

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The Women in Peterborough awards recognises the achievements of women who work, volunteer and create in Peterborough

A new study from Dojo, a payments provider that specialises in helping independent firms, has considered six factors that lead to increased success for women opening businesses. These factors include the gender pay gap, the number of women that are self-employed, the cost of living and the five-year start-up survival rate.

After crunching the numbers, Peterborough came in eighth, scoring the same as Sheffield in ninth but boasting a smaller population.

York was deemed the best city to start a business as a woman, followed by Wakefield and Stoke-on-Trent.

4.7% of bosses in Peterborough are female, with just under 67% of women in work in the city.

There is also ample support on offer in the city, including the Women’s Business Network, which provides space for women in business to gather contacts and find help. The annual Women in Peterborough Awards also recognises the achievements of women who work, volunteer and create in Peterborough.

In addition, Dojo’s study suggested that Peterborough is the 10th best city to start a business overall, after ranking the five-year start-up survival rate, the cost of living and the average weekly full-time salary.