Closing the generational start-up gap


Closing the generational start-up gap

Today, we launch a new report, Closing the Generational Start-Up Gap, which takes a fresh look at the efficiency of the UK’s entrepreneurial system.

The research, produced for RBS by Aston University, identifies the barriers to youth enterprise and suggests how to close the gap between entrepreneurial intention and action.

Despite far more people under the age of 25 wanting to start their own business than people in their 30s and 40s, the report shows that they are only half as likely to do so. This suggests there is a generational ‘start-up gap’ that needs to be addressed.

The report proposes that closing the gap requires a concerted and co-ordinated effort from a host of companies and agencies working in this area. Collectively, we need to ensure that young people view starting a business as a genuine option and that they have the support and skills to put their ideas into action.

Download the full report

Closing the Generational Start-Up Gap (PDF 590KB)

The RBS Group supports businesses of all shapes and sizes, in every sector of the economy. We're committed to promoting economic growth and recognise the important role we play in fostering the right conditions for people to turn their ideas into business success.

Tagged

Start up

Latest news

Royal Bank of Scotland hosts ‘Easy Wins Live’ event

The event explored today’s ‘always on’ world and the pressure Scots face as they struggle to balance life inside and outside of work.

To win the fight against fraud and scams, it is vital to educate young people.

Primary school children in Currie, Edinburgh put on their detective hats last week to learn more about fraud and scams thanks to the Royal Bank of Scotland MoneySense programme. Les Matheson, CEO of Personal Banking, tells us why it’s so important to financially educate young people.

New NatWest debit cards now accessible for all customers

New card features are being rolled out from today with all cards having a notch and raised dots.

Set Tab for lightbox