PRINCE Charles is launching a pioneering scheme to enable more ageing entrepeneurs to follow in his footsteps.

The 63-year-old heir, who earns more than £17million a year from his interests in the Duchy of Cornwall, is behind an initiative to give over-50s the chance to start the business of their dreams.

Under the Prince’s Initiative, eight-week courses are being started at Northbridge House, in Elm Street, Burnley, starting on June 13.

The scheme is the latest honouring Charle’s commitment to the town.

Just this week the Lancashire Telegraph has revealed how another of his good causes, Get Started, has been working closely with Bacup opera star Sean Ruane on a pilot ‘boxing and ballerinas’ for young jobseekers.

And the Prince’s Trust is examining Weavers’ Triangle as a possible base for the Fairbridge programme, which offers training and employment lifelines to disadvantaged young people.

Speaking about the latest move, a Prince’s Initiative spoke-sman said: “Through offering free workshops, mentoring, networking and online resources, our services assist over 50s to explore the possibility of self-employment.”

Three intensive training days are offered, with the second and third taking place on July 4 and July 23, alongside the support services.

The courses will cover everything from researching a potential market to developing a promotional plan for enterprises.

Extra help is also being given regarding the financial pitfalls of striking out on your own.

An information line has been set up for candidates on 0845 862 2023 and an e-mail contact point via info@prime.org.uk