Silver economy, innovation, startups, investments
In June this year, the Ministry of Social Justice and Empowerment (MoSJE) announced the launch of the Senior Ageing Growth Engine (SAGE), a startup fund where the government would bring up to INR 1 Cr as equity contribution in innovative startups. I covered it in this newsletter around the time of its launch.
The nine winners, forming the first cohort of this program, were announced yesterday. They are listed below.
NeoMotion ‘no transfer’ wheelchair
Flexmo wearable hipguard
Ducere smart insoles
Avyantra automated home dialysis device
Life Circle subscription home care services
Karevoyage for 50+ wanderers
Newndra’s Indoknee lightweight corrective support
Mediyatra’s accessible travel solutions for elders
Primate Healthtech’s IoT enabled mobile biochemistry analyzer
For more information on SAGE and to watch short videos of these innovations, visit https://sage.dosje.gov.in/
National Day of Older Persons
To mark the International Day of Older Persons on 1st October, the Government organized an event in Delhi where the National Award for Senior Citizens (Vayosreshthatha Samman) across various categories were announced.
The Vice President of India who was the chief guest in this event also launched a national helpline for elders – ElderLine (14567) – and a portal for jobs for those over 60 – Senior Able Citizens for Re-Employment in Dignity (SACRED). The SACRED portal link is https://sacred.dosje.gov.in/
You can see more information on the day’s proceedings in the Ministry’s official Twitter page.
📫 Silver Angels Newsletter
The Silver Angels newsletter brings you news, stories and trends from the silver economy in India, in a short, easy-to-read format. Businesses, brands, investors, startups, researchers and analysts following this space are likely to find it interesting. No advertising or sponsorship.✓
🧠 Thoughts, feedback or comments? Want to connect?
Feel free to reach out at any time via email: email@example.com
Silver Angels is an independent platform tracking the Silver Economy in India. You can find more information on www.silverangels.in