Background
The world is ageing. Today, more and more elderly people prefer to grow old at home, rather than in institutions. This will require greater services designed for the elderly in their own residences, particularly within home-care services.
These processes pose a big opportunity for entrepreneurs and innovators to come up with creative ideas and the technological platforms to implement them. Such implementations have the potential to generate both meaningful impact and powerful business growth.
Launched in 2017, Æon is a TechForGood initiative. It supports industry organizations in identifying and communicating their innovation needs for the aging population. TechForGood then maps and selects the most relevant technologies to address them, and facilitates pilots and joint implementation projects.
Æon also offers support in business growth to startups that focus on the aging population needs.
Our work adheres to impact KPI measurement and is fully aligned with the UN's Sustainable Development Goals.
Our Partners
Our commitment to the 2030 ‘leave no one behind’ agenda is based on collaborating with leading players from the private, public and third sectors. Below are some of our partners, who along with our community of impact investors are committed to the SDGs and to supporting ageing-tech entrepreneurship.
What Are We Looking For
What do we offer
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Access to knowhow, infrastructure & facilities of our partner organizations
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Opportunities for funded pilots
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Exposure to leading industry organizations
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Personal mentoring and guidance
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Impact model structure to enable access to impact investments
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Investment opportunities
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International network of investors, professionals and market connectors
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Free office space at 2B HUB in TLV
Challenges
TechForGood is an international organization that facilitates the use of innovative technologies to scale and expand positive impact. Since its formation in 2015, TechForGood has led cross-sector alliances around the SDGs with partners committed to the business opportunities in addressing social problems. TechForGood’s methodology includes partnering with leading multinational corporations, governments and NGOs to address the SDGs through technological innovation. TechForGood maps and incubates the most promising start-ups, selecting to support those who use innovative technology to solve social and environmental issues alongside the potential for high financial revenue. TechForGood’s incubation programs have led 35 start-ups to raise more than $100 million with valuations of over $400 million, all while using TechForGood’s methodology to integrate, scale and measure their impact.
Our work and the SDGs
The 17 Sustainable Development Goals (SDGs) are the world's best plan to build a better world for people and our planet by 2030. Adopted by all United Nations Member States in 2015, the SDGs are a call for action by all countries to promote prosperity while protecting the environment.
The 2030 Agenda’ transformational vision and the pledge to “leave no one behind” means that development agendas must include all persons, of all ages. Implementation of all sustainable development goals must be based on equality, social justice and human dignity across the life course and recognize that older persons have an equal right to development.
The unprecedented rapid growth in the numbers of older persons worldwide is resulting in a situation where, by 2050, almost 22% of the world population will be over the age of 60. This demographic trend is becoming a significant issue for governments, international organizations, non-governmental organizations and communities, particularly since older persons are mostly a neglected group, invisible to those who promote economic and social development.
The relevant SDGs to our work are: