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The average age of Southeast Michigan's population is steadily increasing; this aging population presents opportunity and immense untapped resources. 

50+ individuals possess knowledge and maturity that offer tremendous potential to shape and grow our future economy. They enrich the business community, increase entrepreneurship, and mentor others in ways that help BOOM! our new economy.

BOOM! The New Economy is a collaboration between AARP Michigan, Community Foundation for Southeastern Michigan, Corporation for a Skilled Workforce, Luella Hannan Memorial Foundation, Operation ABLE of Michigan, and TechTown. 

The partners of BOOM! The New Economy strive to create pathways for the 50+ adult to pursue career changes, entrepreneurship, and meaningful volunteer service. 

BOOM! The New Economy also aims to promote the values and importance of the older adult in the workplace and the marketplace.
Marc Freedman, Founder and CEO of Civic Ventures
"Boomers Launching Encore Careers"
BOOM! Partners: 
A collaboration engaging Southeast Michigan’s adults ages 50+ in ways that help to BOOM the region’s new economy
BOOM! Mission:

To transform Southeast Michigan's 
economy by assisting adults 50+
towards career change,
entrepreneurship, and meaningful
volunteer service
©2011-2012 BOOM!TheNewEconomy. All Rights Reserved. | BOOM! The New Economy at TechTown | 440 Burroughs, Detroit, MI 48202
78 million

10,000

9 million

31 million

54 to 69
American baby boomers, people born between 1946 and 1964

people turning 65 every day in America


baby boomers already involved in civic and for profit ventures

older adults looking for an encore career

age group setting up the most new companies in the U.S.
BOOMers By The Numbers
explore a change of career, tapping into entrepreneurship and serving others through meaningful volunteer service? 

Purpose Prize winner, Randal Charlton, is doing just that... and then some! He's one of five people that was awarded $100,000 to help create an impact in the community. Want to learn more about his work? Be sure to watch the attached video. 

Go to www.encore.org to learn more about the next stage of your life and all the 2011 Purpose Prize winners.
Randal Charlton, 2011 Purpose Prize Winner
"Encore Entrepreneurs and BOOM! The New Economy"
2012 copyright Encore Careers
The following is excerpted from a Facebook posting by Encore.org.

What if you could completely change the economic situation in an entire community by encouraging adults to 
ANOTHER GREAT IDEA FROM CIVIC VENTURES & ENCORE.ORG

Marigold Ideas for Good
$150,000 
Marc Freedman, Founder and CEO of Civic Ventures and Encore.org and author of The Big Shift

BIF - the Business Innovation Factory
"creates real world laboratories where organizations can design, prototype, and test new models for delivery."
Double click here to add text.
What's it all about?
Find out from
2011 Purpose Prize Winner
Randal Charlton
TechTown and
BOOM! The New Economy
From Encore.org, posted 12/05/2012 - 06:29:18am by Marc Freedman

If you’re looking for inspiration, here are five stories that reveal the power of 
social innovation – and the capacity of individuals in their encore careers.
I’m proud to introduce this year’s $100,000 Purpose Prize winners. Each of 
them identified a significant, seemingly intractable social problem. Guided by experience, drawing on creativity and anchored in pragmatism, they set out 
to find solutions. In their 60s, they are changing the world, and with it perceptions 
of what is possible for millions of others flooding into the second half of life.

Bhagwati (B.P.) Agrawal, 68, brings safe drinking water to six villages in India, 
home to 10,000 people. He’s doing it by collecting rain.

Susan Burton, 61, a former drug addict, was in and out of jail for 20 years. 
Now she helps formerly incarcerated women in Los Angeles stay out of jail.

Judy Cockerton, 61, winner of this year’s Purpose Prize for Intergenerational Innovation, sponsored by AARP, creates innovative ways people can help 
foster kids in Massachusetts – including serving as “honorary grandparents.”

Thomas Cox, 68, a pro bono lawyer in Maine who exposed massive fraud 
among mortgage lenders, teaches other lawyers how to protect homeowners 
from unfair lending practices.

Lorraine Decker, 64, is taking her know-how as a financial planner to help 
low-income families in Houston earn more and to prepare teens for the 
financial rigors of adulthood.

Click here to read their stories 
Click here: Nominations for the 2013 Purpose Prize are open now.
Check out the 2012 Purpose Prize Winners