FOR IMMEDIATE RELEASE: March 22, 2017
Technology Startup Supporting Family Care Experience Wins Top Prize at Aging2.0 Richmond Global Startup Search
RICHMOND, VA – An array of startup companies and entrepreneurs gathered in Richmond last week to pitch their new and creative solutions and technological inventions in hopes of eventually being crowned the Aging2.0 2017 Global Start-up Search winner at the Optimize conference, to be held in San Francisco this fall. The winner of the Richmond event was awarded a cash prize as well as the opportunity to move forward in the international competition.
OnGuardian Apps, pitched by founder Daniel Ferraz, took the top prize. OnGuardian is an app that helps family caregivers deliver care to their loved ones by streamlining the support processes, communication, access to relative information, and collaboration among the various players involved in the caregiving ecosystem.
This was the fourth pitch event hosted by the Greater Richmond Age Wave Coalition's Business for Life Action Team, which organizes the local Aging2.0 chapter. On March 15 at Genworth Financial, seven startups pitched to an audience of about 100 investors, care providers, educators, business leaders, students and others. San Francisco-based Aging2.0 has organized the competition to showcase innovative ideas aimed at improving life for older adults. Similar pitch events are being hosted in the coming months by Aging2.0 chapters in more than 40 cities across the world.
“We had a packed house full of audience members who were truly wowed by the caliber of the competitors,” said Business for Life Action Team Chair Beth Ludden, a Senior Vice President at Genworth Financial. “It’s a strong indication of what Richmond has to offer the innovation sphere – especially in this growing industry. The energy in that room was electrifying.”
The participating entrepreneurs made their four-minute pitch to a panel of expert judges, after which a two-minute judge’s question and answer session followed. The judges selected the winner based on the quality of idea, impact on industry, and team strength. Judges included:
- Dr. James Cotter, Professor, Department of Gerontology and School of Allied Health Professions, Virginia Commonwealth University
- Debbie Johnston RN, Founder of Care Advantage, Inc.
- Ed Cook, Engagement Manager, Capital One
The competitors had a second opportunity to win that night in the form of an audience prize. Audience participants evaluated all seven startups and awarded their favorite startup, CyberTimez, with the Audience Choice Award.
Complete list of finalists:
- OnGuardian Apps LLC (Grand Prize Winner): OnGuardian helps family caregivers deliver care to their loved ones by streamlining the support processes, communication, access to relative information, and collaboration among the various players involved in the caregiving ecosystem. onguardian.io
- CyberTimez (Audience Choice Winner): Augmented reality solutions for wearable devices solving blindness, TBI, corporate needs and enhanced security. cybertimez.com
- Legacy Navigator: Concierge estate management, administration, and cleanup services for aging Boomers who are managing elder care and life transitions for their loved ones. legacynavigator.com
- MemoryWell: We are journalists using our talents to write the life stories of those living with Alzheimer's and dementia to improve their care. memory-well.com
- Universal Bathroom: Based in Blacksburg VA, Universal Bathroom seeks to ease the aging process. meganganleydesign.com/universal-bathroom
- Wellzesta, Inc.: Creating true wellness cultures & increasing resident engagement through an 8-dimensional tech comm platform. Measured Wellness. Inspired Residents. Fully mobile. wellzesta.com
Sponsors of the Richmond Aging2.0 Global Startup Search include: Genworth Financial, Richmond Memorial Health Foundation, The Community Foundation Serving Richmond and Central Virginia, The Jenkins Foundation, United Way of Greater Richmond & Petersburg, and Bon Secours Richmond Health System.
For more information on the Greater Richmond Age Wave Coalition and the Richmond Aging2.0 chapter visit agewellva.org
Aging2.0 is a global innovation platform for aging and senior care. It is on a mission to accelerate innovation to improve the lives of older adults around the world. Aging2.0 connects, educates and supports innovators through regular events, the Alliance membership program, Leaders Circle, consumer panel, CoverAGE newsletter, and Academy startup accelerator. Over the past 3 years, Aging 2.0 has hosted more than 100 events internationally, cultivating a robust ecosystem of innovators including entrepreneurs, technologists, designers, investors, long-term care providers and elders themselves.
The local Richmond, VA chapter is “raising the bar,” says the San Francisco-based headquarters team, and has leveraged movement in the community by being housed in the Greater Richmond Age Wave’s Business for Life Action Team, which includes a diverse network of advocates and leaders.
About the Business for Life Action Team
The Business for Life Action Team, part of the implementation of the Greater Richmond Regional Plan for Age Wave Readiness, is chaired by Beth Ludden, Senior Vice President of LTC Product Development for Genworth Financial. The group brings together a network of businesses, professionals focused on aging challenges & services, VCU professors and students, and local providers focused on future services and products that appeal to a growing market of consumers. By considering key factors of physical environment, access to services, customer appeal, workforce, marketing and engagement, the Business for Life work group provides a platform to foster sound business practices and enhance profitability. As with all work group initiatives, these goals promote active aging, as well as engagement, livability, stability and wellness for all generations in the Richmond region.