The U.S. Small Business Administration and AARP are teaming up to host a “Summer of Encore Mentoring,” targeting entrepreneurs over the age of 50. Building on the success of a joint SBA and AARP Mentor Month in April 2013 and April 2014, both organizations will match these “encore entrepreneurs” with successful business owners and community leaders for advice and assistance.
“Summer of Encore Mentoring” is part of a larger effort by SBA and AARP to promote entrepreneurship among individuals ages 50 and older. It will consist of events across the country that will match encore entrepreneurs with mentors who have small business experience. The event will also help connect encore entrepreneurs with mentors from SBA’s resource partner network of Small Business Development Centers (SBDCs), Women’s Business Centers (WBCs), and SCORE Chapters who can help with every stage of a business’ life cycle.
Surveys have shown that 63 percent of Americans are planning to work during retirement, small business ownership is a good option. Small business owners with long-term counselors see bigger sales, hire more workers and have more longevity. SBA and AARP will provide the training and mentoring services older entrepreneurs need to successfully start and grow businesses and create jobs. For more information on encore entrepreneurship, visit www.sba.gov/encore or www.aarp.org/StartaBusiness.