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New awards for ‘mature’ entrepreneurs launched

September 18, 2012

A new award – The Prince’s Initiative for Mature Enterprise, has been launched – celebrating the achievements of entrepreneurs aged 50 and over. The Senior Entrepreneur of the Year Awards 2012 will be held during Global Entrepreneurship Week

The Charity was founded by the Prince of Wales to help older people set up and run their own businesses. It aims to recognise the range and diversity of businesses launched each year, as well as the achievements of more mature business people.

The contribution small and medium sized businesses make to the UK economy is well known – generating half of the entire private sector turnover, and 60% of private sector employment. The new initiative aims to highlight the role that senior enterprise makes to the national economy as a whole, as well as highlighting individual success stories.

Nick Bunting, CEO of The Prince’s Initiative, commented, “These awards will celebrate the important contribution made by entrepreneurs over the age of 50 to the economy, to society and to their own lives, as well as inspire other mature workers to consider self-employment”.

The awards themselves will reward success in three main categories; best new digital business, best new product, and best new service.

The overall winner of the ‘Senior Entrepreneur of the Year’ crown will be selected from the winners of these categories, judged by an expert panel.

The awards will be held on 14th November 2012 at the Senior Enterprise and Mentoring Conference in London.

For more information on how to apply for the awards, visit The closing date for entrants is 28th September 2012.