RSA: Want economic recovery? Support business creation by the middle aged!
For a few years now there has been a fashion to offer support for entrepreneurs by focusing on a particular age group.
So, as a recent RSA report noted, there is a plethora of initiatives targeted at the 18-30 age group including the Government’s own Start-up Loans scheme. A trend which will only be boosted by the recent success of David Karp who established Tumblr at the age of 21 in 2007 and just sold the site to Yahoo for the ludicrous figure of $1.1 billion in cash.
There’s also been a surge of interest and support for so-called ‘teenpreneurs’ or ‘treps’ in the 13-18 bracket with a growing number of schools and colleges building entrepreneurialism into their curriculum with the active backing of the government. A cause which Young Enterprise has been championing for half a century!