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Helping North Dakota's Encore Entrepreneurs

Research shows people over 55 are starting a new business at a slightly higher rate than people ages 20-34, and AARP North Dakota is hosting a series of workshops to help them succeed. (iStockphoto)
Research shows people over 55 are starting a new business at a slightly higher rate than people ages 20-34, and AARP North Dakota is hosting a series of workshops to help them succeed. (iStockphoto)
April 18, 2016

BISMARCK, N.D. – Older North Dakotans who are looking to start new businesses have some help coming their way.

Starting this week, AARP North Dakota and the U.S. Small Business Administration are hosting a series of free Encore Entrepreneur workshops. The idea is to dispel the popular perception that entrepreneurship is a trend exclusive to the young.

SBA spokeswoman Brittany Sickler says people over 55 are actually starting new businesses at a slightly higher rate than people in their 20s and 30s.

"At the workshops that we'll be hosting, we'll be having panels of individuals that have started a business and sharing that unique perspective that they have," she adds.

Workshops will be held starting Tuesday in Fargo and Grafton, and then going to Grand Forks, Bismarck and Minot. Registration is required.

Sickler says having a wider variety of ages starting up new businesses could help the local economy.

"Oftentimes the experiences, the things that they've seen and learned over the years they have some really great insights into what could be beneficial for our communities," she points out.

According to research from the Kauffman Foundation, in 2014 a little less than 26 percent of new entrepreneurs were over 55, more than a full percentage point higher than the 20-to-34-year-old age group.


Brandon Campbell, Public News Service - ND