About PRIME
PRIME stands for The Prince’s Initiative for Mature Enterprise. It is a registered charity (no. 1138233), and a member of the Prince’s Charities group. It was set up on the personal initiative of HRH The Prince of Wales in response to letters he was receiving from people desperate to work but unable to find anyone to employ them – because of their age.
PRIME is the only national organisation dedicated to helping older people start and run their own businesses. A third of those aged between 50 and state pension age are not working, with the large percentage dependent on benefits. By comparison self-employment, or perhaps setting up in business with other people (a partnership, social enterprise or co-op), are attractive options.
Charitable Objects
The relief of charitable needs for the public benefit of people who are over the age of 50, and who are either not in paid work or who are facing redundancy, and who would benefit through enhanced income, opportunities for engagement in meaningful activity and the prevention of social exclusion, particularly through the encouragement of self-employment, especially, but not exclusively, by the provision of practical advice, financial assistance, training and education
Accounts
You can download the key documents here.
Annual Report and Financial Statements FY 2010 to 2011
Annual Report and Financial Statements FY 2009 to 2010
Annual Report and Financial Statements FY 2008 to 2009
Annual Report and Financial Statements FY 2007 to 2008
Annual Report and Financial Statements FY 2006 to 2007
Annual Report and Financial Statements FY 2005 to 2006
Legal
PRIME is the working name of The Prince’s Initiative for Mature Enterprise (PRIME), a company limited by guarantee registered in England and Wales with company number 4184314.
PRIME’s registered address is Astral House, 1268 London Road, London SW16 4ER, which is also the address for routine correspondence.
PRIME’s charity number is 1138233. See our register entry at the Charity Commission web site here.
HRH The Prince of Wales is PRIME’s Founder and President.
See also
PRIME has a privacy policy for this site that you can read at Your privacy and also has Terms of use and a Complaints procedure.
PRIME has another web site www.prime.org.uk that contains more about the charity itself including legal and financial details, and also more research into age and employment issues.
PRIME’s work in some regions has been part-funded by the European Social Fund, as was the original version of this web site
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