Only 1 in 10 Granite Staters age 50-plus plan to retire and never work again. Many will keep working or seek a new job, but others may want to turn their hobby into a business.
With one in four Americans between the ages 44 and 70 interested in starting their own business or nonprofit venture in the next five to ten years, the U.S. Small Business Administration and AARP are renewing their “Summer of Encore Mentoring” educational events targeting entrepreneurs over the age of 50 who want to start or grow their small business.
Washington, DC follows the World Health Organization initiative to transform the District into an easier city for growing older. That's why AARP DC is actively working with the Age-Friendly Business Initiative. This effort brings together business and non-profits in partnership with the Washington DC Economic Partnership to recruit and invite businesses to apply for the designation of being recognized as an “Age-Friendly Business.” So far, the Economic Partnership has recognized 32 District businesses whose products, services, and practices help make the city welcoming to older customers.
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