In last week’s post, we discussed the Rise of Women-Owned Businesses and how more women than ever are launching businesses in their 40s, 50s, and beyond.
Driven by a desire for independence, flexibility, and a chance to pursue passions, midlife women are redefining what it means to be an entrepreneur. This week, we will explore some resources available for women looking to get a start or grow their businesses.
Starting a business at any age has challenges, and having a support network is crucial. Fortunately, numerous mentorship programs, funding options, and networks are designed to support women entrepreneurs over 40. Here’s how to get started:
Networking & Mentorship Programs to Empower Women Entrepreneurs Over 40
SCORE: Supported by the U.S. Small Business Administration (SBA), SCORE provides free business mentorship, workshops, and resources tailored for entrepreneurs at all stages.
Women’s Business Centers (WBCs): In the U.S., WBCs offer training, resources, and one-on-one mentorship specifically for women.
Local Chambers of Commerce: Many local chambers have programs geared toward helping women entrepreneurs connect, network, and access resources within their communities.
Funding and Financial Support
Grants for Women Entrepreneurs: Organizations like Amber Grant for Women and IFundWomen offer grants specifically for women-owned businesses, helping to offset startup costs.
Small Business Loans: Many banks and online lenders offer business loans with favorable terms for female entrepreneurs, including those provided by the SBA. Some credit unions also have special programs to support women business owners.
Online Courses and Resources
LinkedIn Learning and Udemy: Platforms like these have courses in business planning, marketing, financial management, and leadership.
Online Communities: Groups on Facebook or LinkedIn provide support, advice, and networking opportunities with other like-minded women.
These resources provide a supportive foundation to help women navigate the entrepreneurial journey with confidence and ease.
The Bottom Line: Age Is Just a Number in Entrepreneurship
Launching a business in midlife isn’t just possible. It’s powerful. With life experience, clarity on goals, and a network of supportive women, entrepreneurship can be an incredibly fulfilling path.
For women over 40, starting a business offers a chance to redefine their professional identities, pursue long-held passions, and build something they can call their own.
Whether you’re considering launching an e-commerce store, stepping into consulting, or pursuing a side hustle, remember you’re not alone. Many women are taking that leap, proving that age is just a number when building a successful and rewarding business.
Check out Jameela Adams’ blog, the Problem & Solution Series, for tips and advice.
Also, check out The Jameela Adams Experience podcast every Friday. Jameela delves into a wide range of topics, including interviews with inspiring guests and personal stories that resonate with listeners.
