Initial £100,000 available
West founder Wetzel launches fund to support women
With an initial fund of £100,000 ready to invest, Ms Wetzel is already in advanced discussions with a number of food and drink operators and is convinced that many more female-led businesses could benefit from significant investment.
“The aim for West Women is to help more female entrepreneurs exploit the many opportunities that exist within our burgeoning food and drink sector,” she said.
“This is a sector I’ve operated in for over a decade and I’m getting fed up being the only woman in the room, or the token female speaker at business events.
“West Women will help other female-led businesses grow and develop their operations throughout Scotland and I am confident that the initial £100,000 fund will grow significantly over the years ahead as we reap the rewards of investment by a female entrepreneur in future generations of female entrepreneurs.
“And money is only one part of the West Women project; the other is helping with my ‘little black (or WEST red) book’ and experience from female to female entrepreneur. I think that’s as important as the cash.”
West celebrated its 10th anniversary with the opening of a £5 million brewery and £1m Courtyard wedding venue last month.