Starting a business has traditionally been the domain of seasoned professionals, but that’s changing fast. In the past, launching a startup required a significant amount of money, business knowledge, and connections, which naturally skewed the field toward more experienced individuals.
But now, thanks to advances in technology and a shifting entrepreneurial culture, young people are stepping up to the plate earlier than previous generations. The rise of digital tools, online marketplaces, cheaper distribution methods, and social media platforms have lowered the barriers to entry and made it possible for anyone with an idea and drive to get their venture off the ground.
In this article, we dive into the data behind the UK’s youngest business owners and celebrate some of the UK’s rising stars.
What type of companies are young people founding?
According to our data there’s just 187 active high-growth UK companies that have a founder that is 25 or younger. And, realistically, it’s difficult to pinpoint the exact percentage of companies in the UK that have a founder under 25. However, according to a survey by Startups Magazine, just 7.8% of UK businesses are set up by Generation Z — and the most companies are set up by Millennials (49%).
Coming back to our data on companies with a founder 25 or under, primarily these companies sit in the Seed stage of evolution (80% of companies). Just 1% of these companies are Established.





