Problem / Market Opportunity

The world’s population is getting older.

We have almost 117M senior citizens in Europe alone and this number is growing due to a huge demographic shift. The number of older persons globally is projected to reach 1.5 billion by 2050. As much as anyone else, they desire a healthier, happier, more meaningful, and more connected life.
Yet Silvertech market is overlooked and underestimated by many – but we very much hope, that you, the founders, the builders, investigate this segment as closely as we do.

Solution

As a first step, we are launching the first online Silvertech accelerator for EU/UK-based founders.

Eventually, we aim to help build and develop European Silvertech ecosystem, where founders can get funding, hire talents, appeal to the network, and access knowledge.

Market

€7T EU/UK market annually
No Silvertech unicorns at the EU market… yet

We look for a variety of products and services for senior citizens in EU. Feel free to suggest something missing in our list, we always keep our eyes open!
We are looking for teams developing solutions that serve older adults' needs and help them live happier and healthier lives.

It could be travel services, dating apps, healthy activities, retirement 2.0, wealth management, meditation, delivery, education, jobs, recreation, medical care – everything that allows our parents and grandparents to be a part of the community - online and offline, learn new skills, find new jobs and hobbies, stay connected to family and friends, maintain mental and physical health, feel safer, happier and live a healthier life.

Verticals

We define 4 categories of digital enablement in Silvertech: services purchased by older people; services purchased on behalf of older people; services traded between older and younger people; services delivered to future older people.

Some examples of the emerging verticals we are looking at:

Finance and wealth

Health

Cognitive Health

Social & Connectivity

Mobility & Transportation

Activities of Daily Living

Retirement 2.0 & future of work

Silvertech Acceleration Program

We expect to take up to 10 teams
9-week intensive online program with 14 months post-program support
Initial investments: €20.000 initial investment per startup accepted to the program
Up to €200.000 follow-up investments from partners for most promising startups at the end of the program
Tailored acceleration and multiple intros with corporates and other required industries
Access to top-notch experts to accelerate your growth in the EU

The program includes 9 modules, such as value proposition and communication, customer development, business model, financials, sales, startup-investor relations, fundraising and many more. Hands-on involvement to help you get ready to build, scale and fundraise.

The program goes online from September 27, 2021 to November 27, 2021.

Learn more about Baltic Sandbox and our Experts and Mentors.

We are looking for the teams:

Developing solutions for senior people (50+) that serve older adults' needs and help them live happier and healthier lives

Based in the EU or relocating to the EU

Has an MVP or working product

English speaking team with at least 2 founders

Either currently fundraising or planning to start fundraising within 6-8 upcoming months

“Ok, I'm in. What’s next?”

The selection to the program has several very easy steps:

Introductory interview
Follow-up interview with a program expert
Selection announcement
Program launch

Start by filling in the form below.
The deadline for the applications is September 15, 2021.

Silvertech Acceleration Program Selection Events | Online

August 19, 2021 | Registration closed
August 26, 2021 | Registration closed
September 7, 2021 | Registration closed
September 16, 2021 | Registration closed

The selection committee consists of truly bright-minded investors, industry leaders, and the people that will support you on your whole journey.

SilverTech Acceleration and Investment program 2021