The recovery air seems to support young people's desire for enterprise. Since the beginning of the year, a small army of Italians 'under 35' has dissolved its reserves and – faced with a job market that has slowly started to move again – has chosen, as it was once said, to go 'on their own' . In fact, of the over 115 companies born between January and March, over 35 (31%) are led by one or more young people under the age of 35. The cradle of this entrepreneurial vitality continues to be the South, where 36% of the youth businesses born last quarter are based, with just over 13 new initiatives.
The photo on youth entrepreneurship was presented by Unioncamere on the basis of Movimprese, the quarterly survey conducted by InfoCamere on the basis of the Business Register of the Chambers of Commerce. All data is available at www.infocamere.it.
Almost 2 out of 3 companies started by an under 35 immediately focused on the internet, 45% are already ready to sell online. The sectors that most attract young entrepreneurs are commerce (where around 20% of the 'under 35' new businesses operate), construction (9,5%) and restaurant services (5,1%). In the vast majority of cases (76%) these are sole proprietorships, the simplest - but also the most fragile - form of operating on the market; 17% instead chose the form of the joint-stock company, more suitable for supporting even ambitious development projects.
“Young Italians are rolling up their sleeves to seize the opportunities of this moment and many of them choose to do it through business,” said the president of Unioncamere, Ferruccio Dardanello.
“Often they are young people - continued Dardanello- who have decided to focus on an innovative idea and on their own skills to implement it, also by exploiting new web technologies. To support these new entrepreneurs, we must give them a more modern and therefore more digitized country, also to attract intelligence and investments from abroad, more meritocratic and capable of enhancing people's talents. The real success of the reforms that are being designed will be measured by what we are able to do on these fronts, starting with that of the public administration which must truly become a 'friend' of businesses”.
