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SBA and AARP Host Mentor Month in San Francisco to Help Entrepreneurs Age 50 and Older

Release Date: 
Friday, March 28, 2014
Release Number: 
SFDO 14-07
Advisory Date: 
Friday, March 28, 2014
Contact: 
Marlow Schindler, 415-744-6771, marlow.schindler@sba.gov

SAN FRANCISCO - The U.S. Small Business Administration and AARP are teaming up again in April to host National Mentor Month, targeting entrepreneurs over the age of 50. Building on the success of a joint SBA and AARP Mentor Month in April 2013, both organizations will match these “encore entrepreneurs” with successful business owners and community leaders for advice and assistance.

The events 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 company’s life cycle.

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 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.

WHO: U.S. Small Business Administration & AARP

WHAT: Encore Entrepreneur Mentor Month

WHEN: April 2nd, 2014

WHERE: Entrepreneur Center, 455 Market Street, Suite 600, San Francisco, CA 94105

Free and Low Cost Resources for Your Business, 9–11AM

Representatives from SBA, the Lawyers Committee for Civil Rights, the San Francisco Public Library Small Business Center, SCORE, San Francisco Small Business Development Center, the Department of the Environment and a Women’s Business Center representative will discuss the resources available. 

Financing Your Small Business, 1–3 PM

A panel of experts representing SBA, a microlender, an SBA Community Advantage lender, a bank or credit union, and an alternative lender, will discuss financing options, what lenders are looking for, credit requirements, and the importance of a relationship with a financial institution.   

Discovering and Using Your Strengths as a Business Owner, 6–8 PM

This interactive workshop is designed to help you begin discovering your strengths, and learn how to use them in your business so that you, and your business, can thrive. 

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Related State: 
California