What is an ‘olderpreneur’?
Olderpreneur simply refers to a person in later life engaging in (or, for our purposes, considering) entrepreneurial activity i.e. setting up and running a business. The business can be anything from a sole trading company to a multinational corporation (it does happen!), or anything in between. And as far as ‘older’ is concerned, while there is no official definition, we would suggest that in this context it is typically anyone of 50 years and older.
Why go into business?
Older people come to entrepreneurship for many reasons and in many ways. Some want to implement a long-standing ambition to run their own business. Others may be looking for a new challenge in life when they spot a good business opportunity. Many are simply thinking about ways to supplement retirement income.
What are the challenges?
Research has demonstrated widespread dissatisfaction with existing support services and policies which simply don’t work for older entrepreneurs. Through research and advocacy, we lobby for a better understanding of the unique requirements of olderpreneurs. READ MORE
How can The Olderpreneur Alliance help?
The Alliance is championing and advocating for olderpreneurship with local agencies and Government. By providing research and data the contribution of older business owners to economic growth to economic development is evident.