#Asia Incubator seeks startups with a heart for Singapore elderly

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Applications for the next run of UNFRAMED’s incubation programme will close January 17, 2016

UNFRAMED, an incubator targeted at startups with a social impact, is partnering with DBS Foundation to open applications for its next run, which is aimed at addressing challenges faced by the vulnerable elderly in Singapore.

Named UNAGING, the incubation programme, supported by Infocomm Development Authority (IDA) Labs, will support up to 10 concept-to-prototype stage social impact startups with S$10,000 funding up front, co-working space, and mentorship by successful entrepreneurs. IDA Labs provide physical lab spaces for individuals, companies, and government agencies to collaborate.

Applications can be made at UNFRAMED’s website and will close on January 17, 2016.

In the incubator’s previous run from June to November last year, UNFRAMED helped six startups, whose solutions focussed on helping persons with disabilities, to go from concept to market.

These startups are the first of a community of “fellows”. UNFRAMED is looking to grow this community to 60 fellows in the next three years. The startups who graduate from UNAGING will also join this fellowship, which will run for a period of six months.

During this period, UNFRAMED will help the startups validate their social impact, demonstrate the viability and scalability of their business models, and provide them access to resources and funding, according to Larry Tchiou, the Founder of UNFRAMED.

Image credit: Shutterstock

Also Read: 6 social enterprises that want to change the world

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