Manulife’s Innovating for Asia’s Demographic Future Challenge: A New Era of Longevity Innovation
Manulife, in collaboration with UpLink, the World Economic Forum’s early-stage innovation initiative, and the Centre for Financial and Monetary Systems, has recently launched the ‘Innovating for Asia’s Demographic Future Challenge.’ This initiative aims to address the pressing issue of enabling long-term financial resilience, well-being, and fulfillment across multi-stage lives in Asia.
The Challenge
The challenge is the second of a three-year partnership to help shape the future of longevity innovation. It invites start-ups, innovators, and changemakers to submit their solutions to the problem. The selected participants will join a six-month program, which includes mentorship, networking opportunities, and access to resources to help bring their ideas to market.
Impact on Individuals
As the world’s population ages, the need for innovative solutions to support long-term financial resilience and well-being becomes increasingly important. For many individuals, the prospect of a long and healthy life can be both a source of joy and a cause of financial anxiety. The ‘Innovating for Asia’s Demographic Future Challenge’ offers a chance for individuals to contribute to finding solutions that will help alleviate these concerns.
- Access to innovative financial products and services designed to support individuals throughout their multi-stage lives
- Opportunities for personal and professional growth through mentorship and networking
- Contribution to a larger effort to address the challenges posed by an aging population
Impact on the World
The aging population trend is not unique to Asia, and the solutions developed through this challenge have the potential to benefit people around the world. By addressing the financial and well-being needs of older adults, we can help create a more equitable and sustainable society for all.
- Increased financial stability for older adults, reducing the burden on governments and families
- Improved overall well-being, leading to happier and healthier lives
- A more inclusive and diverse workforce, as older adults continue to contribute to the economy
Conclusion
The ‘Innovating for Asia’s Demographic Future Challenge’ represents an exciting opportunity for individuals and organizations to contribute to finding innovative solutions for the challenges posed by an aging population. By focusing on long-term financial resilience and well-being, we can help create a more equitable and sustainable society for all. So, whether you’re an innovator with a groundbreaking idea or an individual looking to make a difference, this challenge is an excellent place to start.
Join Manulife, UpLink, and the World Economic Forum in shaping the future of longevity innovation. Together, we can create a world where older adults can live their lives to the fullest, with financial security and well-being at the forefront.
