So Money with Farnoosh Torabi · Monday, September 28, 2026
Trey Baj, co-founder of the Thread Needle Alley Foundation, discusses the difficulties midlife entrepreneurs face in securing funding, noting that traditional bank loans are more stringent and interest rates are high. She advises entrepreneurs to focus on grants as a viable alternative, but emphasizes the importance of being selective in their applications.
“We give grants to midlife entrepreneurs specifically.”
“And what we saw last year in our first grant-giving cycle is that there is a great need for grant money.”
“So be very, very selective would be my advice if you're applying for grants.”