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innovAGEING National Challenge Returns for 2022

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After a two-year hiatus the innovAGEING National Challenge is on again and innovators interested in making an impact on aged services are invited to apply.

After a two-year hiatus the innovAGEING National Challenge is on again and innovators interested in making an impact on aged services are invited to apply.

innovAGEING, Australia’s network for aged services, will hold its second innovAGEING National Challenge – a national aged services hackathon – this 24 and 25 October hosted at the Commonwealth Bank, and jointly delivered by Foundation Partners, Commonwealth Bank and KPMG Australia.

Merlin Kong, Head of innovAGEING, said up to 10 teams are invited to apply to take part in the two-day competition which includes ideation and business plan canvas workshops, an industry experts panel discussion, and culminates in a hackathon where participants receive first-hand guidance to develop their concept.

“Following the success of the 2019 event, we’re excited to be working once again with our Foundation Partners, Commonwealth Bank and KPMG Australia, to deliver this fantastic event,” says Merlin.

“The competition is open to teams of two to four people interested in developing ideas aimed at making an impact in the aged services industry. This year’s National Challenge is themed Rethinking Aged Care Workforce.”

The first, second, and third place winners will receive a cash prize, and will have access to Commonwealth Bank and KPMG Australia innovation expertise over the two-day event to help develop their business ideas and create a prototype.

“To succeed in Australia, innovators and start-ups need to collaborate with institutional and incumbent organisations in order to scale-up and grow,” Merlin says.

“We understand this at innovAGEING, and the National Challenge will give participants access to the knowledge and know-how of two incredible organisations with deep innovation roots, our Foundation Partners, the Commonwealth Bank and KPMG Australia.

“Combine this with innovAGEING’s links to the age services industry, the resource and network access for participants is unprecedented,” says Mr Kong.

Commonwealth Bank, National Head of Strategy and Insights, CommBank Health, Belinda Hegarty said the innovAGEING National Challenge was an exciting event to explore innovative solutions to improve the aged care services.

“CBA is proud to support and be a part of the innovAGEING National Challenge,”
Ms Hegarty said.

“This event gives us an opportunity to explore how innovation could enhance the quality of care provided to older Australians while also improving the sustainability of the aged care sector.”

Nicki Doyle, Partner for Health, Ageing, and Human Services at KPMG said: “KPMG is delighted to be supporting the National Challenge once again and the opportunity to support the development of innovative solutions in the aged care industry.”

“The solutions developed have the potential to enhance the quality of care and support and enhancing outcomes for older Australians.”

Mr Kong said the last innovAGEING National Challenge saw some incredible ideas and solutions, with one team developing their idea into a real business and winning an innovAGEING National Award in 2021.

“It really hits home the fact that we have a sector rich with innovative ideas, and we can’t wait to see the incredible ideas coming out of this year’s National Challenge,” says Mr Kong.

For more information and to register, visit the innovAGEING National Challenge webpage.

Media contact: Kate Hannon 0499 106 957 or media@accpa.asn.au

Author: INNOVAGEING