Innovation for the Longevity Economy!
On October 25, 2018, Westminster Canterbury Richmond hosted the Live Life Well RVA Symposium: Innovation for the Longevity Economy.
Longevity Economy definition: The sum of all economic activity serving the needs of Americans over age 50 is estimated to total at least $7.1 trillion in annual economic activity in the United States. (Source: The Longevity Economy-Generating economic growth and new opportunities for business by Oxford Economics for AARP)
What does the tremendous growth in the number of people over the age of 65 and the number of years we are living mean for each of us? How can businesses, healthcare, cities and communities prepare for the future? The challenges and opportunities ahead of us require an innovative approach!
Our speakers explored this topic from a variety of angles. Matt Thornhill, Founder and Managing Partner of Institute for Tomorrow, shared details of shifting demographics as Baby Boomers enter elderhood. Derek Holt is President of K4 Connect, a technology company creating solutions that enhance the lives of older adults and individuals living with disabilities. He discussed how rapidly changing technology can be used to improve the lives of seniors. Susan Amat, Founder and CEO of Venture Hive, explored innovation and entrepreneurship. Gayle Haglund and Anita Adkins described how a partnership with Venture Hive has helped our workforce bring an entrepreneurial spirit to problem solving at Westminster Canterbury.
Whether or not you were able to join us in person, we hope many more organizations will be inspired to explore how collaboration can help us solve the biggest challenges and opportunities facing our communities and the senior services industry.
Visit www.LiveLifeWellRVA.org to see videos of all the speakers and learn more.