The Prince’s Initiative for Mature Enterprise (PRIME) helps people over the age of fifty set up in business for themselves. PRIME was founded by HRH The Prince of Wales in response to letters he was receiving from people desperate to work but unable to find anyone to employ them – because of their age. PRIME – more ->
With some 800,000 older people out of work and seeking a livelihood, and many more now worrying about redundancy there is alway more to do. But it takes money to make a real difference. Here are some illustrative examples of our costs and what your sponsorship could allow us to do. £8 pays to send – more ->
PRIME welcomes new Chief Executive
PRIME, the charity founded by HRH The Prince of Wales to help unemployed people over the age of 50 to get back into work by starting their own businesses, has appointed Nick Bunting as its new Chief Executive. PRIME’s Chairman Richard Martin says “I am delighted that Nick has agreed to take the post and – more ->
Older unemployment is still rising
The percentage of people aged 50 to 64 who are out of work now stands at 33.8% (3.96 million), compared with 19.7% for the under 50s, if we exclude full-time students. Today’s report from the ONS, the Labour Market Statistical Bulletin for July 2011, shows that unemployment for people aged 50 to 64 in the – more ->
Angela, 55, is a qualified Bowen massage therapist treating horses, dogs and people to help them with pain relief. She discovered the Bowen Technique as a client, having chronic pain issues herself following a car accident. “It wasn’t a light bulb moment, more a growing awareness that this was possibly the way forward to work – more ->
Bob Rawal of Bell Court Packaging Solutions
Bob Rawal, 57, contacted PRIME in April 2010 and was sent a free start-up pack. Later that month he went onto apply for a Zopa-PRIME Olderpreneur loan. Bob decided to start up his own business after being made redundant twice in three years. Up until this point he had spent 35 years in the medical – more ->
Anne Walsh, 53 from Manchester, went from BT operations manager to quirky craftswoman, when she applied for voluntary redundancy. Anne was the breadwinner for a disabled husband and three children. Fed up with her office job, Anne promised herself she would change her life when she turned 50. Anne applied for voluntary redundancy, sold her – more ->
Tony Palmer of Crystal Mountain Glass
Made redundant at 52, and suffering from Myalgic Encephalopathy (ME), the Jobcentre told Tony Palmer that his chances of paid employment were slim. Tony took matters into his own hands and started his own engraving business. Crystal Mountain Glass sells engraved awards, wedding gifts, decanters, bowls, and paperweights, as well as carved rock tablets and – more ->
The Prince’s Initiative for Mature Enterprise has submitted evidence to the All Party Parliamentary Small Business Group, for their inquiry into the Role of Entrepreneurs in Driving Economic Growth. In our evidence, we welcome the enquiry into the role of entrepreneurs in driving economic growth but PRIME also raises the concern that there is little – more ->
PRIME, the charity founded by HRH The Prince of Wales to help unemployed people over the age of 50 to get back into work by starting their own businesses, has appointed Nick Bunting as its new Chief Executive. PRIME’s Chairman Richard Martin says “I am delighted that Nick has agreed to take the post and – more ->
Two new Board members were appointed at the charity’s recent AGM. They are Robert Wilson and Tom Watkins. Based in Edinburgh, Robert is Chairman and owner of Nelsons, the UK’s largest Natural Medicine manufacturer. The family-run business was founded in 1860, employs over two hundred people and has subsidiaries in the US and Germany. Robert – more ->
The percentage of people aged 50 to 64 who are out of work now stands at 33.8% (3.96 million), compared with 19.7% for the under 50s, if we exclude full-time students. Today’s report from the ONS, the Labour Market Statistical Bulletin for July 2011, shows that unemployment for people aged 50 to 64 in the – more ->
June’s Labour Market Bulletin published by the Office of National Statistics shows that the total number of unemployed people fell by 88,000 over the quarter to reach 2.43 million. This is the largest quarterly fall in unemployment since the three months to August 2000. In fact, the number of unemployed under-50s fell by 95,000, but, for – more ->
We have moved to a new office in central London. Here are our contact details: The Prince’s Initiative for Mature Enterprise (PRIME), Tavis House, 1-6 Tavistock Square, London WC1H 9NA email: info@prime.org.uk Freephone: 0800 783 1904 To register as a PRIME Business Club member and request your free business start-up pack, please click here and – more ->
The latest labour market bulletin from the Office of National Statistics appears encouraging on the surface. Unfortunately, the drop of 36,000 in the quarterly unemployment figures masked an increase of 11,000 unemployed people over the age of 50. What’s even more worrying is that the figures show that the over 50s are continuing to find – more ->
We have changed the page Your privacy to reflect the fact that PRIME is moving address to a new office in central London. We have also taken the opportunity to clarify what we know the site to be doing when it comes to setting cookies. Cookies are small pieces of text stored on your computer – more ->
Online Surveys – Zoomerang.com We’re guilty of using it a lot – e.g. read about these olderpreneurs. “Olderpreneur” is undoubtedly a bit distasteful or irritating. Maybe that’s why it sticks in the mind so well. We’ve found that older entrepreneurs themselves are split about about whether they like it. We’re not sure exactly how opinion – more ->
Here are three interesting facts about the people who registered with us last year (the year to April 2011).
You are receiving this email as you are a subscribed user on PRIME business club | Contact us PRIME Business Club Olderpreneur Newsletter for April 2011 ———————————– T h e O l d e r p r e n e u r ———————————– News for older entrepreneurs from The Prince’s Initiative for Mature Enterprise Welcome – more ->
This Panorama investigation highlighted the difficulties faced by unemployed over 50s, and made the point that unemployment isn’t just about young people. The programme, called “Finished at 50?”, is available on BBC iPlayer for 12 months, and well worth watching. It also attracted lots of viewer comment. Whilst the broadcast focused too much on – more ->
The government has announced the main contractors who will take on the task of delivering the new Jobcentre Plus welfare-to-work programme, due to start going live in June and July this year. The 16 private and two voluntary-sector organisations named as Work Programme preferred bidders will now go on to award sub-contracts and recruit staff – more ->
Startup Britain www.startupbritain.org is a new web site “designed to celebrate, inspire and accelerate enterprise in the UK” that launched on the 28th of March 2011. It has fulsome praise from the government – including the PRIME Minister in attendance at the launch and a press release distributed direct from No 10, but little or – more ->
The number of people aged 50-64 who are out of work has now topped the four million mark, according to figures published today by the Office for National Statistics in its January labour market statistical bulletin. The four million is made up of 3,648,000 economically inactive, and 386,000 unemployed. These figures relate to the period – more ->
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