BetterAge Secures Significant NIH Grants to Enhance Aging Innovation
BetterAge Secures Significant NIH Grants for Healthy Aging Innovations
BetterAge, a digital health platform focused on empowering older adults, has made headlines by securing a total of $5.5 million in grants from the National Institutes of Health (NIH). This funding reflects the increasing importance of healthy aging, especially in a time when the population of older adults continues to grow rapidly.
A Strong Investment in Aging Solutions
The NIH's National Institute on Aging (NIA) has awarded BetterAge a $3 million Fast-Track Small Business Innovation Research (SBIR) grant, complementing an earlier $2.5 million grant. These substantial investments endorse BetterAge’s commitment to fostering healthier lifestyles among older adults, including support for caregivers of individuals with Alzheimer's and related dementias.
Enhancing the Platform for Personalized Recommendations
BetterAge’s platform is designed to help older adults assess their well-being and receive tailored recommendations to enhance their health. The initial phase of this initiative successfully showcased the feasibility of the platform, while the upcoming phase will target a larger user group to validate these innovations. In the words of Diana Yin, the CEO of BetterAge, “This support from the NIH equips us to extend our reach and ensure that effective aging solutions are accessible to all communities.”
Transformational Mobile App Development
The recent $3 million grant will facilitate the development of a dynamic companion app. This app aims to support older adults who are caregivers for loved ones with Alzheimer's, providing essential guidance and motivation to maintain their health and well-being. Lead researcher Silvia Orsulic-Jeras highlighted the importance of this app, stating, “This initiative not only connects care partners with valuable resources but also empowers them to take charge of their health, bridging the gap between research and practical application.”
Building Connections Through Community Partnerships
BetterAge is actively collaborating with over 40 community organizations, gathering essential feedback to enhance its platform's effectiveness. This grassroots approach paves the way for a national partnership with USAging, significantly broadening BetterAge’s impact across the nation. The company's dedication to improving the well-being of older adults is essential, especially considering that chronic health conditions among older populations cost the healthcare system over $1 trillion annually.
Tackling Broader Challenges in Older Adult Care
The rising costs associated with chronic conditions for older adults underscore the need for effective solutions. BetterAge addresses these concerns by creating tools that alleviate the pressures on caregivers while promoting healthier aging outcomes. The layers of support offered through their platform can make a significant difference in both caregiving and health maintenance.
Acknowledgment for Innovation in Aging
In addition to the NIH grants, BetterAge has earned the Fundación MAPFRE's 2024 USA Social Innovation Award. This recognition reinforces the company's position as a leading innovator in the Silver Economy, affirming its commitment to enhancing the quality of life for older adults across the country.
About BetterAge
BetterAge is at the forefront of redefining healthy aging. Leveraging AI technology, the company delivers personalized guidance and behavioral science insights to empower older adults in their health journeys. By partnering with aging services organizations, BetterAge not only promotes holistic well-being but also enables these agencies to measure and showcase their positive impact on communities. Visit betterage.net for more information and insights into their progressive approach to aging.
For further inquiries, contact Diana Yin, CEO, at 888-556-2236.
Frequently Asked Questions
What is the purpose of the NIH grants secured by BetterAge?
The NIH grants aim to enhance BetterAge's digital health platform for older adults, promoting healthier aging through personalized recommendations.
How does BetterAge support caregivers of individuals with dementia?
BetterAge develops a companion app that provides caregivers with ongoing support and resources to help maintain their well-being while assisting their loved ones.
What partnerships is BetterAge involved in?
BetterAge partners with over 40 community organizations and has a national collaboration with USAging to extend its reach and service delivery to older adults.
What innovative features are being developed for BetterAge's platform?
The latest grant will help develop a mobile app that provides dynamic support for caregivers while continuing to enhance the existing platform for older adults.
What recognition has BetterAge received for its efforts in the aging sector?
BetterAge has been awarded the Fundación MAPFRE's 2024 USA Social Innovation Award for its contributions to the Silver Economy and the enhancement of older adult services.
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