The number of young people setting up a business has almost doubled in a year, reveals a new report by the RBS Enterprise Tracker, in association with UnLtd.
And although young men appear nearly twice as likely to be starting a business as young women – it’s the young women who are 30% more likely to be starting social businesses. Results from the quarterly survey conducted by Populus in August show that 14% of people aged between 18 and 30 are in the process of starting up in business compared with just 8% a year ago.
The survey shows that when it comes to starting their own business or enterprise, 69% of young people feel it is important to support a social cause they are passionate about compared to 62% of the the UK population as a whole. Read more
