Silver Entrepreneurs

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Silver EntrepreneursRGB_JPG

Silver Entrepreneurs

Silver Entrepreneurs project is a 30-month adult education and entrepreneurship-building initiative designed to empower and equip silver-age persons (60+) with skills and confidence to develop their entrepreneurship projects and thus, remain socially and economically active. The project will implement a complex entrepreneurship simulation program with an individual approach to each participant.

Results

In the Central Baltic region, many older people face limited employment and entrepreneurship opportunities despite having valuable skills and experience. Seniors are often less involved in entrepreneurship support programmes and lack access to modern training, practical tools, and cross-border networks. At the same time, the region needs more active entrepreneurship to support employment, economic growth, and quality of life.

The project addressed this challenge by creating the Smart Seniors Academy for Entrepreneurship—a joint Central Baltic training programme tailored to silver age people. The programme combined entrepreneurship training, business simulations, and practical learning materials. Participants worked on individual and collaborative business ideas with real implementation potential, supported by trainers and partner organisations.

As a result, the project achieved the following outcomes:

  • 80 silver age persons from the Central Baltic region completed the full Smart Seniors Academy programme;

  • a joint Central Baltic entrepreneurship training programme was developed and delivered, including simulations and practical training materials;

  • individual and collaborative entrepreneurship projects with implementation potential were created;

  • at least 50 additional organisations were involved in project activities, including business support and training organisations;

  • a catalogue of project results and participants’ business ideas was developed and published.

The project results benefit silver age people by improving their entrepreneurship skills, employment opportunities, and quality of life. At the same time, partner organisations and national and local authorities gained practical tools and experience to promote senior entrepreneurship, contributing to a more inclusive labour market and strengthening the Central Baltic regional economy.

Video about the project

Discover what we built together and why it matters. And at its heart: the Silver Generation—vibrant, skilled, future-ready.

Silver Entrepreneurs Online Catalogue

The Silver Entrepreneurs Online Catalogue presents the business projects of senior participants who have transformed their ideas into practical initiatives. Each project reflects creativity, experience, and a drive to contribute to society through entrepreneurship. The Catalogue serves as both inspiration and a networking tool, offering direct access to project descriptions, contacts, and links for further cooperation.

Expected results

  • 80 silver age persons of Central Baltic region have completed a complex program of Smart Seniors Academy for Entrepreneurship
  • joint Central Baltic entrepreneurship training program (simulations) and materials
  • individual and collaborative entrepreneurship projects with implementation potential
  • involving at least 50 other organisations in project activities

The outputs will serve the benefit of seniors in CB countries, partner organisations, training and business support organisations,  national/ local authorities authorities committed to promote  entrepreneurship; employment, quality of life, Central Baltic region economy.

Duration 01.04.2023 - 30.09.2025

Total budget

Programme priority

Improved employment opportunities

Programme objective

PO6 - Improved employment opportunities on labour market

Lead partner

Latvian Chamber of Commerce and Industry