AARP’s AgeTech Collaborative™ Acts as a Flywheel for Innovation
Ariel Cadby-Spicer • March 24, 2023
With millennials beginning to turn 50 and the 65+ population expected to double by 2050, solutions that leverage technology to help us all live healthier, happier lives have never been more critical. Battling phenomena like the caregiver shortage, the time is now for products and services that help us stay connected, manage our health, and access the resources we need to age with ease, preferably in place. This growing longevity economy represents roughly $8 trillion dollars annually and is expected to grow to roughly $27 trillion by 2050, a huge opportunity for innovators rising to the challenge.
To help accelerate these offerings and get them into the hands of consumers more quickly, we at the AgeTech Collaborative have created a launching pad for entrepreneurs making an impact. Our team travels across the country discovering the most disruptive and exciting solutions, then invites those startups to join an intensive eight-week accelerator. There founders can create a highly customized program tailored to their specific needs.
Once their engagement is complete, companies are welcomed into a curated ecosystem of VCs, testbeds, and enterprises dedicated to the longevity space and looking for cutting edge technology to invest in, pilot, and collaborate with. This growing ecosystem is comprised of 80+ early-stage companies and 100+ investors, testbeds, enterprises, and more with the power to scale solutions that make a difference in people’s everyday lives. From Walgreens, T. Rowe Price, and Hynudai to QED Investors, Primetime Partners, and CVS Health Ventures, industry leaders recognize the importance of AgeTech and are energized by its potential.
How do these companies collaborate? Through an exclusive online community with real-time conversations, networking and educational events, the latest research on the 50+ consumer, and more. Interested in joining us on our mission to make ageing easier for everyone? Pitch at an upcoming challenge or apply today to join the ecosystem.
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