Fresh entrepreneurs 'may stave off slump'

UNLEASHING the ambitions of a new generation of entrepreneurs will help stave off the risk of a double dip recession, according to a new report launched today by Virgin Media Pioneers.

Disruptive Influence: The Entrepreneur Report features contributions from 11 of the UK's most prominent entrepreneurs including Sir Richard Branson, Lord Heseltine, Sarah Curran and Peter Jones.

The report examines the Government's goal of an enterprise-led recovery and says its success rests on increasing the quality of the UK's young start-up businesses and improving the support available to them. Of the 270,000 businesses established each year it is estimated that just nine per cent are started by people under 35. But around a quarter of young Britons say their dream job would be to run their own business.

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The report claims that the number of successful young businesses could be significantly increased by active mentoring, better use of networking and knowledge sharing.

Anyone wishing to see the report should go to the link www.virginmediapioneers.com/disruptive-influence-the-entrepreneur-report. The report can be viewed using the password: Make1tHappen.