Business start-up support for young adults delivered by the Prince's Trust: a comparative study of labour market outcomes
Research Report No. 184
By Nigel Meager and Peter Bates, IES with Marc Cowling, LBS
This report examines the effectiveness of the business support programme of The Prince's Trust and analyses the longer-term labour market outcomes of young adults who are supported into self-employment. The study was commissioned by the former DfEE in 1999 and carried out by the Institute for Employment Studies (IES) and Marc Cowling of the London Business School (LBS).
The study is based on a longitudinal design in which a sample of 2,000 people from across England and aged 18 to 30 years were interviewed over three survey waves. The sample consisted of people who had started their Prince's Trust-supported business in the two years before the first survey wave. The sample were matched against a control group of people of a similar age, gender and initial labour market status and both groups were followed for two successive waves of interviews up to December 2001. The labour market outcomes of both groups were compared in terms of business survival, earnings and employability.
March 2003 194 pages 297x210mm
ISBN 1 84123 550 4 £39.50