The first Smart Ageing Prize was a €50,000 challenge prize calling for innovations in internet connected devices and technologies (Internet of Things) that will empower older adults to achieve the quality of life they aspire to, socially and independently.
The winner was Activ84Health Explorer (now Memoride).
A second AAL Challenge Prize will be announced in November 2017.
The 2016 Smart Ageing Prize developed the most innovative ideas into viable projects which can achieve commercial sustainability and have a positive impact on older people.
Globally, the ageing population is increasing at an unprecedented rate. By 2060 one in three Europeans will be over 65. This demographic shift presents a challenge as well as an exciting commercial opportunity as the Silver Economy emerges as a new market.
Innovative technological approaches are needed that cater to the needs and aspirations of older adults, empowering them to continue to lead independent lives and play an active role in society, whether that be at home, work, education, or in their community.
The Active and Assistive Living (AAL) Programme is a €700 million funding initiative focused exclusively on developing ICT solutions for active and healthy ageing. The overall objective of AAL is to enhance the quality of life of older adults while strengthening the industrial base in Europe through the use of ICT.
Since 2008, AAL has funded more than 190 trans-national innovation projects with over 1000 partners. Through its funding the AAL Programme helps to bring new ICT-based products, solutions and services onto the market.