Its Never Too Late to Become an Entrepreneur: A Look into Entrepreneurial Intention After 50+

As population ageing continues to reshape labour markets, individuals aged 50 and over increasingly face social and structural barriers to economic participation. In Portugal, these challenges are exacerbated by age-related discrimination, limited employment opportunities, and insufficient public policies. Against this backdrop, senior entrepreneurship has emerged as a promising strategy for financial autonomy, personal fulfilment, and active ageing. This study examines the entrepreneurial intentions of older adults through a case study of the Senior University of Barcelos (USB). Employing a mixed-methods approach - including quantitative surveys and qualitative interviews - it explores motivations, perceived barriers, and the role of senior universities in supporting later-life entrepreneurship. The results reveal that financial independence, self-realisation, and community impact are key drivers of entrepreneurial intention. However, obstacles such as bureaucratic complexity, digital skills gaps, and restricted access to financing persist. The findings highlight the vital role of senior universities in promoting entrepreneurship through mentorship, targeted training, and ecosystem support. The study concludes with recommendations for institutional strategies and inclusive policy reforms to foster senior entrepreneurship as a lever for economic resilience and intergenerational inclusion.