frequently asked questions
Wise 50 Over 50 Award™

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FAQs

 

What are the 50 over 50 Awards?

You’ve probably heard of the 30 under 30 and the 40 under 40 awards. Why not 50 over 50 to recognize and celebrate the ones who have taken the risk to start a business as an encore career?

Why 50 over 50 Awards?

The fastest growing segment of entrepreneurship in the world is by people over the age of 50. It is also the most underserved and under supported group of new entrepreneurs. With the support of several Canadian organizations who are working with us to spread the word about the Awards, we will make an impact and be recognized as viable businesses.

Who can apply or be nominated for a 50 over 50 Award?

Anyone who was 50 years old when they started the business can apply or be nominated. If there is more than one owner, at least one of the majority owners must have been 50 when the business was started.

What types of businesses can apply or be nominated for the Award?

There aren’t any restrictions on the type, or size of business that can apply.

Do you have to have employees to be nominated?

No

How many awards are there?

There are a total of 50 Awards.

What is the closing date for applications?

August 31, 2017.

Why are you asking for financial information?

There is little information available for businesses started by someone over the age of 50. All data provided on the application will be used to compile statistics of businesses that have been started as an encore career. Any data that may be used will not be specific to the winners and names of the companies will not be released. Individual financial information will be kept confidential and will only be seen by the judges of the 50 over 50 Awards.

If you have additional questions, please contact wendy@wisentrepreneur.com