Our latest infographic, “Meet the Millennipreneurs,” highlights that role in its many forms.According to a survey of millennials by EY and Economic Innovation Group, 78 percent consider entrepreneurs successful, and 62 percent have considered starting their own business. Fifty-five percent believe their generation is more entrepreneurial than past ones, although the data says otherwise: Millennials are actually less likely to be entrepreneurs than people in other age groups.
At age 30, millennials owned fewer businesses than Gen-Xers or Baby Boomers at the same age. According to census data from 2014, fewer than two percent of Millennials said they were self-employed, while 7.6 percent of Gen-X’ers surveyed and 8.3 percent of Baby Boomers reported the same status. Read more..
The mission of EDAC is to connect budding & existing entrepreneurs to resources for venture management & growth.