Millennial entrepreneurs turning to Bank of Mum and Dad

Over 1 in 10 entrepreneurs have turned to their parents and family to help them fund a business, according to research.And under-35 millennial entrepreneurs are twice as likely as older generations to ask for help from family to invest in their businesses as traditional funding becomes harder to come by, according to payments provider Worldpay.Worldpay says that people are increasingly shunning university in favour of starting a business, with over a third of respondents saying that starting a business was a better investment than going to university — rising to 43pc for millennial entrepreneurs.