AARP FOUNDATION & AGING2.0: 2016 AGING IN PLACE $50K CHALLENGE

50kChallengeThe Foundation, in collaboration with Aging 2.0, invites startups from across the United States to apply for the 2016 Aging in Place $50K Challenge. Competitors will have a chance to win a $50,000 cash prize for the most innovative solution that will help low-income adults 50 and older continue to live safely, independently and comfortably in their own homes as they age.

Older Americans consistently express their desire to stay in their own homes and communities as they age. Those who do so comfortably and independently experience better health outcomes. Yet, despite the health and economic advantages to society of aging in place, 19 million older adult households struggle with in unaffordable or inadequate housing. The economic recession has left nearly a quarter of mortgages held by older adults underwater. In addition, of the 4 million older adults eligible for rental assistance, only 1.4 million receive the help they need.

If you have an innovation that can help millions of low-income older adults live more safely, independently and comfortably in their homes and communities as they age, we encourage you to apply for the 2016 Aging in Place $50K Challenge.

How to Apply
Applications for the 2016 Aging in Place $50K Challenge are now open and will close on May 2, 2016. The winner will be announced in July 2016.

To apply, click here and sign up in order to complete your application.

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