SANTA CLARA, Calif. --(Business Wire)-- The aging population is more than a looming drain on the U.S. economy; it's also a booming opportunity for entrepreneurs who can seize on trends like the demand for quality caregiving; affordable disease-management tools; and less-clunky medical aids.
Entrepreneurs and experts on this exploding boomer marketplace and the "longevity economy" will convene June 20 at Santa Clara University for the ninth annual Silicon Valley Boomer Venture Summit, presented by Santa Clara University's Leavey School of Business and Mary Furlong & Associates. The event takes place from 7 a.m. to 6 p.m. at the University's Recital Hall building, 500 El Camino Real, Santa Clara, Calif.
The Summit event, which also features two competitions for boomer-focused businesses, is a venue for entrepreneurs and venture capitalists to share informationabout serving or investing in companies catering to consumers age 50 and older. Investors will discuss why and where they are putting investment dollars; company executives will discuss their business plans; and analysts will explain how they segment the market and evaluate business opportunities.
Among the trends and entrepreneurial opportunities that are expected to be discussed are:
* The increased need for caregiving for aging boomers and senior care as one of the top job-growth opportunities for the coming years.
* The need for improved, better-designed equipment for aging bodies.
* Baby boomers as entrepreneurs: the "encore career" phenomenon and how many such older entrepreneurs are starting businesses to serve other boomers.
* The trend toward "incubators" and venture capital in the boomer marketplace.
* The impact of declining state and federal dollars for senior care in the U.S.
* Hot segments for investors in the boomer marketplace.
* Consumer and online protections for aging boomers.
* The increase in corporate investment in the boomer and longevity marketplace.
Speakers on these topics will include Mark Yi, managing director of Intel (News - Alert) Capital; Jody Holtzman and Jeff Makowka, executives in "thought leadership" at AARP; and Laurie Orlov, founder of Aging in Place Technology Watch, a boomer and senior market research firm.
For more information on the summit, speakers, agenda, competition judges, conditions and sponsors, please see http://scuboomerventure.com.
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