Posted on 09/22/11 by Donald Jones
Donald Jones is senior consultant to the New Economy Initiative, responsible for helping the NEI team to build opportunities for entrepreneurs in the region.

More than 300 applications were received, but in the end, only 53 semi-finalists were chosen to battle it out for a chance to win more than $1 million in cash and in-kind awards in this year’s Accelerate Michigan Innovation Competition.

Entrepreneurship is not just for 20-somethings. In fact people 55 and older are engaged in more entrepreneurial activity than those aged 20-34. According to the U.S. Bureau of Labor Statistics, self-employed people 55 to 64 grew by 93,000 in 2009 and by 213,000 among people 65 and older.
Workers and retirees over the age of 50 are currently the fastest growing group seeking business and technology training here at Wayne State University’s TechTown.
Strategic investments and regional collaboration are helping the New Economy Initiative and partner organizations promote economic revitalization in southeast Michigan.
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