Competition Announced To Introduce Emerging Products to the Aging Care Continuum
The First Annual LTC “LINK-TANK” is an important new competition that focuses on solving market challenges for Long Term Care and Senior Living Providers who serve the fast growing aging population living independently in congregate care settings. The LINK-Tank is sponsored by the International Center for Long Term Care Innovation (InnovateLTC) and the LTC LINK Conference.
Lincoln Healthcare strives to positively impact the quality and effectiveness of the U.S. Healthcare System by delivering valuable conferences and communities across the continuum of care. InnovateLTC accelerates innovation that will transform care and quality of life for an aging population, bringing entrepreneurs together with capital, an engaged community of customers, validation services and the educational tools they need to drive their ideas into the marketplace
Who Can Participate in the LINK Tank?
This competition is open to individuals, researchers, teams and entrepreneurs with product in development that will dramatically improve how LTC and Senior Living providers deliver higher quality care based on emerging technology.
Several dozen organizations have been invited to participate in the competition, including Georgia Tech, Stanford University, University of Southern California, Wright State University, University of Texas-Dallas, Salk Institute for Biological Studies, Tufts University, Georgetown University, Oregon Health and Science University and the Mayo Clinic.
Judges will include Providers Organizations, Technology Experts, VC’s and Angel Investors. Finalists will present in front of an audience of over 100 long term care and senior living provider organizations who will be on hand to ask questions and help determine the value of each idea.
How Does the Competition Work?
The competition opens on June 5 to any non-profit or for-profit research organization, individual entrepreneur, or development teams with a product in development – pre-revenue – for the long term care or senior-living markets. The competition is structured in three phases.
1. Nominees need to complete the below nomination form by June 30
2. InnovateLTC will work with final nominees to help prepare for the live presentation.
3. Nominees will present at the 2012 LTC and Senior Living LINK Conference. Up to five finalists will receive a travel stipend to present their ideas to a panel of judges at the LINK Conference, July 30th in Chicago and a chance to win $10,000 in non-dilutive capital (sponsored by InnovateLTC).
For more information contact Alicia Heazlit at (502) 569-0301 or [email protected]