Now an accelerator for aging tech

Major Midwest non-profit aging services provider Ecumen and ‘innovation co-operative’ MoJo Minnesota are co-sponsoring The Age Power Tech Search, seeking young companies or subsidiaries of larger companies which have pioneered technology that improves the quality of life of older adults. To quote their announcement email, “AgePower differs from “incubators” or “accelerators” in that its focus is on transforming the future of aging and providing real-life test environments, along with access to business strategy experts in key areas necessary to fueling a successful new venture.” Advisory board includes many well-recognized leaders in aging services, thought and tech, refreshingly outside the usual Digital Health Hypester Horde (D3H). Four finalists gain a real-world test environment in Ecumen communities for six months. Both Ecumen and MoJo will take small equity stakes in the finalists as well.  Applications are due on 31 October; a 90-minute information session will take place on 13 August in Minneapolis (register here). Age Power Tech information and specs here.

Note to developers: This may be Minneapolis, but Ecumen is not only #17 on the 2012 Ziegler/LeadingAge list of US largest non-profit senior living organizations, but also a quick Google or LeadingAge search will uncover their large ‘thought leader’ role in both care and tech implementation. There’s no restriction on origination, but since MoJo’s put is developing business in MN,  if you are outside the state this Editor would expect a major factor would be a commitment to establishing a base there.

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