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The Duke of York has insisted age is “no barrier” to becoming a successful entrepreneur, as he urged people of all ages to come forward with their ideas to his project helping start-up businesses.

The Duke said that anyone who has spotted “a problem that needs to be solved” has the germ of a business idea, but many people are put off because they do not know how to take the next step.

Image: The Duke of York talks to entrepreneurs at Buckingham Palace CREDIT: DAVID ROSE FOR THE TELEGRAPH