oAccelerating growth of startup companies where at least one co-founder is over age 50.
****10,000 Baby Boomers retiring daily for next 19 years
****10,000 new businesses opened monthly by Baby Boomers
****3 Trillion in Retirement Funds
****$500 million of those funds turn over annually
****54 percent of self-employed workers are Boomer-or-older entrepreneurs.
-- U.S. Bureau of Labor Statistics
****The new JOBS ACT passed by President Obama on April 15, 2012 will
Businesses that are started by people in their fifties have double the chance of surviving the first three and a half years than those started by people in their twenties.
- NatWest Bank
open the door to more than $450B in additional funds. YOU CAN CASH IN!
WHAT IS IT? It’s a YCOMBINATOR for the 50 plus crowd. See: ycombinator.com if you don’t know how successful they’ve been in Northern California in launching new companies with Gen Y