The AARP has a program named Life Re-imagined, I have been waiting since I turned 50 (I am now 54) to re-imagine my life. But that is at least ten years away (money to save, bills to pay, kids to get through college). But what if there was a way to cover the day to day expenses and debts you have accumulated through life getting to age 50, by using the knowledge you gained getting there as collateral, so I can re-imagine my life now, and be stronger financially at 64.
The Idea here is to create a microfinancing organization. MasterCard + AARP would be an example of organizational structure.
Sr. Startups made up of AARP members are chosen each month to participate in a Pitch Event, each will have a demo table to showcase their company as well as network with AARPAngels, and guests. Attendees will then vote for their favorite Sr. Startups, and the top five will get to present to a (MasterCard + AARP) Microfinancing distinguished panel.
Winners will be given 6 months to work in an AARP Life Re-Financed accelerator with a range of experts and weekly inspirational lectures.
Loans would be made to AARP members through the Pitch Event / Accelerator process.
The Accelerator could generate income by leasing space to both Life Re-Financed participants and other entrepreneurs.
Life Re-imagined now!