Wednesday, March 7, 2018

6 startups that see opportunity in an aging population

From a MarketWatch.com article:

"Evin Ollinger went home for Christmas two years ago to visit his aging 84-year-old father. While there, he learned his dad hadn’t paid the mortgage for three months. His father told his son he didn’t keep up with financial details anymore. 'I realized I needed to take charge of his financial life,' says Ollinger...

Kimmey Hardesty is an experienced health care industry consultant but when her grandparents left a hospital after an incident, she struggled navigating the system of follow-up appointments, home health visits and other services for them. “Nothing seemed to really guide caregivers,” Hardesty says."

 Author Chris Farrell says these stories are becoming common with adult children caring for aging parents. These types of situations are leading to a boom of small businesses serving both populations.

Minneapolis recently hosted the first-ever Aging Startup Challenge, one of many popping up all over the country.

To find out more about the 6 finalists, read further here.

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