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Young entrepreneurship rate trebles in Wales in 10 years

The BBC draws our attention to a new report that concludes that the number of young people getting involved in their own business ventures in Wales has trebled over the last decade.

The annual Global Entrepreneurship Monitoring report covering 2011 says that the early stage entrepreneurial rate amongst 18 to 29-year-olds has continued to rise and is up to 9.7% from 3.4% in 2002.

They add that there is increasing interest in the early stages of launching a business. Entrepreneurship increased to 8.1% from under 5.8% last year. UK-wide early stage entrepreneurship was 7.6%.

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