The six-strong shortlist for the finalists of the Business Plans section of the Silver Linings Competition for older age care solutions backed by Responsible Investor has been announced ahead of the awards event to find out the winner and two runners-up on February 10th from 2.30-4.30pm (GMT).
The winner of the competition will receive £10k and the runner-ups 2x £5k to support the development of their business ideas.
Audience members will also get to vote for their favourite Business Plan and top up the prize money via a live “people’s choice” vote for their favourite from the shortlisted finalists!
The six shortlisted Business Plans out of a total of 21 entries are:
Ethel – The Elderly Care Platform
Good Life Sorted
An affordable and wearable knee device
At the Awards event on Feb 10, each of the short-listed Business Plans will make a 3-minute ‘Dragon’s Den-style pitch to the competition Judges which include CEOs/trustees from big pension funds as well as professionals from across the health, ageing, design and living sectors. They will then take question from the Judges and on-line audience members.
The event is being hosted by Travers Smith, one of the sponsors of the Silver Linings Competition along with The Pension Insurance Corporation, Darwin Alternative Investment Management, Triple Point, Federated Hermes, Audley Group and Houston PR.
Responsible Investor co-created the Silver Linings older age care competition, organised by Hugh Wheelan, RI Co-founder and former Joint Managing Director, Sally Bridgeland, FIA, trustee, non-executive director and adviser, and Dr Rachel Melsom, MBBS, BSc., Director, Medical Matrix Consulting, and practicing physician with a special interest in Older Persons Care.
Having spent our careers in the world of pensions, investment, sustainability and the medical and caring professions, we know that providing and financing good, long-term care is a problem that is not currently getting the required attention, especially in terms of sustainable investment into solutions.
We started the Silver Linings Competition to get new ideas in front of investors.