Published on December 12th, 2011 | by Priti Ambani3
Poll: 54 Percent of Young Americans Want to Become Entrepreneurs, Want Easier Credit & Training
According to a new study by the Kauffman Foundation,
- 54 percent of Americans aged 18 to 34 want to start their own company, but just 8 percent of them own businesses now.
- The biggest barriers to entrepreneurship: A lack of access to credit and an undue amount of risk.
- Forty-four percent more African-Americans and Latinos reported being interested in owning businesses than did white young people.
- 92% of the respondents wanted greater access to “education and training so people have the skills and information they need.
- In addition to increasing access to capital and training, 81 percent of the young people surveyed support student loan relief to start companies.