Three Teams Win Seed Funding For Silver Tech Solutions
Summary
AsianScientist (Nov. 29, 2016) – Three teams have been awarded a total of S$125,000 (~US$87,700) in seed funding by the Modern Aging Singapore business accelerator program. In July, more than 80 teams signed up for the four-month program which included taking business development courses, mentorship opportunities and workshop participation. “This year, we introduced the Lean LaunchPad program as a new component to Modern Aging Singapore, customizing it to address the needs of the silver sector. The teams were enthusiastic about the program, as it helped validate their ideas, refine the business model and prepare their pitch. When fully developed, the knee brace will have motion, pressure and bend sensors, which collect data on the patient’s movement, and process it using proprietary algorithms.