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Unemployed over 50s offered advice on starting their own business
10:06am Tuesday 1st October 2013 in News
A CHARITY is hoping to tempt some of the borough’s 700 unemployed people aged 50 and older to start up their own business.
The Prince’s Initiative for Mature Enterprise is dedicated to helping jobless older people explore self-employment.
The charity says many of its clients fear they are being overlooked for vacancies because of their age.
It is hosting an interactive workshop between 1.30pm and 3pm on Wednesday, October 16 at The Mansion House to encourage aspiring mature entrepreneurs to start up their own businesses.
It will offer guidance on how to develop budding enterprises.
Figures provided by the Office of National Statistics demonstrate self-employment is gaining popularity with 14 per cent of the UK workforce (4.2 million) registered as self-employed, which is an increase of 367,000 in four years.
There are 7,300 self-employed workers registered in St Helens and Prime promotes it as a viable route into work for the 700 unemployed over 50s across St Helens.
The charity says more than 40 people from St Helens have contacted it for help in setting up a business.
The one-day workshop will cover issues such as the benefits of starting a business and how to develop a business.
Prime visited St Helens in April 2012 where the charity delivered a three-day training course, and from the cohort of graduates that took part, many have gone on to establish new businesses.
Terry King, the charity’s northern development Manager, said: “The number of unemployed over 50s is steadily rising and many of our clients tell us they have been overlooked simply because of their age.
“This is a worrying trend as people are living longer and will need to continue working later in life and to plan against the rise in the State Pension Age.
“We are excited to be returning to St Helens as we want to inspire unemployed over 50s that they can set-up sustainable businesses, leading to financial independence, benefits for their community and a boost to the local economy.”
Further details can be found at prime.org.uk/courses or by telephoning 0845 862 2023.
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