The Start-Up Generation

The Princes Trust has published The Start-Up Generation: Why the UK could be set for a youth business boom.

Key findings from the report include:

• 30 percent of young people believe they will be self-employed in the future
• One in four expect to be their own boss within the next five years
• Almost a quarter of unemployed young people would rather try to set up their own business than continue to job seek in today’s competitive market
• More than one in four young people in Britain claim they could set up a viable online business from their bedroom within the next six months
• More than half of young people say that not having enough money would prevent them from setting up in business
• A third of all young people claim that having a mentor would make them more likely to consider self-employment.

To download the full report visit www.princes-trust.org.uk/pdf/The_start_up_generation2013.pdf.