New Partnership Aims to Help “Encore Entrepreneurs”

The U.S. Small Business Administration (SBA) and AARP have a new strategic alliance to provide counseling and training to “encore entrepreneurs” — i.e., people over the age of 50 who want to start or grow a small business.

The two organizations expect to train 100,000 encore entrepreneurs through a multi-pronged effort that includes live workshops, conferences and mentoring programs.  SBA and AARP (whose membership includes millions of older Americans) also will jointly develop and host a customized online course, self-assessment and webinar series for 50-and-older entrepreneurs.

“For more than 70 million Americans over 50, business ownership is a practical option.  It can be a second career or a chance to leverage life experiences into an interesting and financially practical ‘encore’ career,” says the SBA.

In addition to what it’s developing with AARP, SBA offers online courses on start-up basics, finance strategies, marketing tactics and other topics of interest to people who want to start a business. To check out these courses, go to and look under “Online Small Business Training.”

SBA also has this dedicated web page for 50+ entrepreneurs.  One of its features is an online self-assessment tool to help potential small business owners evaluate their readiness for starting a business.

Here are news releases from SBA and AARP with more details about their collaboration.

About Lynne Strang

I'm a freelance writer who helps organizations and individuals meet their marketing and communications goals. I am also the author of "Late-Blooming Entrepreneurs: Eight Principles for Starting a Business After Age 40." To learn more, please visit my website:
This entry was posted in Business, Career Changes, Careers, entrepreneurs, Entrepreneurship, Leadership, Retirement, Success and tagged . Bookmark the permalink.

2 Responses to New Partnership Aims to Help “Encore Entrepreneurs”

  1. Shay says:

    Sounds like a good idea. Thanks for sharing

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