Boston, MA (May 15, 2023) – MassChallenge, the global network for innovators, and the AARP Age Tech Collaborative, invites 9 startups to participate in its inaugural AgeTech cohort. The AgeTech Collaborative program provides startups with the opportunity to interface with industry leaders, learn to navigate complex HealthTech regulations and policies, and opportunities to calibrate and shape their business strategies over a period of six months. Startups in the program are driving solutions in retirement fintech, medical device for seniors, and entertainment-for-seniors industries, representing 9 locations.
Meet the MassChallenge AgeTech 2023 cohort here.
Will Magruder, Vice President of Partnerships at MassChallenge, emphasized the significance of the MassChallenge partnership with the AARP AgeTech Collaborative, underscoring their commitment to addressing global challenges. “With an exploding population over the age of 65, it is imperative that we find solutions to support healthy aging,” Magruder stated. He further highlighted the collective innovations of the selected founders, who are not only tackling complex problems such as care coordination, but also developing medical devices that hold the promise of making life easier for the aging population. “We are excited about the potential of these solutions and proud of our long-standing partnership with AARP.”
The 2023 AgeTech Accelerator sponsored by the AgeTech Collaborative™ from AARP® is a 6-week program intended to support startups with technology solutions designed to meet the needs of the world’s aging population and break into the $45 trillion AgeTech market. Startups selected for this program will work intensely on the desirability, feasibility and viability of their idea. Upon completion of the program, startups will be granted acceptance into the AgeTech Collaborative ecosystem of 240+ industry leaders, investors, testbeds, business services and startups working to make aging easier for everyone.
“As the AgeTech Collaborative continues to build our ecosystem and drive AgeTech innovation forward,” said Amelia Hay, Vice President of Startup Programming and Investments, AgeTech Collaborative from AARP, “we’re excited to collaborate with MassChallenge to rapidly expand our startup portfolio with inspirational founders who have completed MassChallenge’s Accelerator program.”
About AARP AgeTech Collaborative
AgeTech Collaborative™ from AARP®, an unparalleled innovation ecosystem bringing together cutting-edge thinkers in the longevity tech space to champion meaningful advances to make aging easier for everyone. AARP’s decades of exclusive longevity insights, the breakthrough collaborative ecosystem and community of innovators positions the AgeTech Collaborative to lead the future of AgeTech.
MassChallenge is the global network for innovators. Headquartered in the United States with eight locations worldwide, it is the non-profit’s mission to help bold entrepreneurs disrupt the status quo and create sustainable change. Since launching in 2009, MassChallenge has run programs in 24 countries, supported more than 4,000 startups from around the world, and awarded over $18M in equity-free cash and prizes. Learn more about MassChallenge at masschallenge.org.