The U.S. Small Business Administration and AARP will team up Oct. 2 to host the first National Encore Entrepreneur Mentor Day. The event is targeted at entrepreneurs over the age of 50 to match these "encore entrepreneurs" with successful business owners and community leaders for advice and assistance. To find a local event near you go to www.sba.gov/mentorday.
National Encore Entrepreneur Mentor Day 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. Events will include speed mentoring allowing mentors and entrepreneurs to share information for five minute sessions and mentor lunches for entrepreneurs to learn from successful business owners. The events also will help connect encore entrepreneurs with mentors from SBA's network of Small Business Development Centers, Women's Business Centers, and SCORE chapters who can help throughout the life of an entrepreneur's business.
With one in four individuals ages 44 to 70 interested in becoming entrepreneurs, and 63 percent of Americans 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 last longer. SBA and AARP will provide the training and mentoring services older entrepreneurs need to successfully start and grow businesses and create jobs.
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