Tuesday 8 September 2009

Age no barrier to entrepreneurs

Older entrepreneurs accounted for almost 30% of new business start-ups between 2001 and 2005, according to research conducted by the National Endowment for Science, Technology and the Arts (NESTA).

The report revealed that entrepreneurs aged between 50 - 65 year-old started 27% of successful start-ups between 2001 and 2005

"At a time when an ageing society is being viewed as a problem, our study shows that there is a wealth of experience driving the UK economy today," said Jonathan Kestenbaum, chief executive of NEST

www.ukba.co.uk

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