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A series of free training courses and mentoring support hosted by PRIME Cymru and supported by Lloyds Bank Commercial Banking aims to encourage the entrepreneurial ambitions of over-50s in Wales.

PRIME Cymru:  The Prince’s Initiative for Mature Enterprise in Wales has teamed up with Lloyds Bank Commercial Banking to offer guidance and support to anyone in that age group who would like to start their own business.

The first course, which features three full-day sessions held over three months, has already begun at the Wales Millennium Centre in Cardiff and is designed to give an insight into the risks and challenges of starting a business. The course will be repeated in the coming months.

Hayley Ridge-Evans, Director of Operations at PRIME Cymru, said: “The courses are a chance to meet like-minded people and get ideas and advice.

“We can support entrepreneurs in dealing with the practicalities of starting a business as well as the potential pitfalls and opportunities faced by new businesses.

“The sessions are also an opportunity to network with other people who are also looking to start businesses and share experiences.”

A second course starting on October 23 will see three one-day-long sessions held over three consecutive weeks at Lloyds Bank’s offices in Cardiff, while the third will run in the New Year.

Jackie Jenks, Manager, Enterprise Mentoring, SME and Mid-Markets Banking at Lloyds Bank Commercial Banking, said: “Lloyds Bank Commercial Banking believes that there is enormous untapped potential among people aged over 50.

“They have built up a lifetime of experience and skills and deserve every help in achieving their ambition of contributing to society and the economy.

“At Lloyds Bank Commercial Banking we are very pleased to back these courses and the ongoing enterprise mentoring support which offers a wealth of practical help to entrepreneurs in an age bracket that deserves support.”

PRIME Cymru works in Wales to help people aged over 50 to become and remain economically active. It was founded by HRH The Prince of Wales in 2001 after he was contacted by a growing number of out-of-work Welsh people who said that, after passing the age of 50, they felt consigned to the ‘scrap heap’.

The charity, based in Llandovery, Carmarthenshire,  supports around 1,000 over-50s every year in finding a job, setting up their own business or by helping find suitable voluntary work as a stepping stone to entering the jobs market. For more information, or to book your place on a course, visit or call 01550 721813