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11th June 2021

Business support specialist reveals rise in mature entrepreneurs

A leading North East provider of business support is encouraging those aged 50 and over to consider self-employment, after it saw enquiries for start-up support increase throughout the pandemic.

Proving that entrepreneurship isn't just a young person's game, the North East Business and Innovation Centre (BIC) reported that 21% of all their enquiries for start-up support came from people over the age of 50 during the Covid-19 crisis.

The businesses founded during the period spanned a wide range of sectors, from consultancy to cleaning and legal to tutoring services. The research also showed that, due to lockdowns and restrictions, more people also explored the possibilities of starting up businesses they can run from home.

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