We’re looking to invest in companies focused on promoting healthy ageing. We also have £6 million available in grant funding as part of an Innovate UK initiative. The money will be allocated to early stage companies that can make a positive difference to the way people age.

If this sounds like your business, it could be a great opportunity.

We'll be selecting the companies we want to invest in, and additional grant funding is available between £50,000 and £1.5 million.

Healthy ageing includes any product or service that helps people remain active, productive, independent and socially connected for longer during their lifetime.  

The Centre for Ageing Better charity has developed a framework to stimulate thinking in this area. In particular, seven themes have been identified:

  • Sustaining physical activity
  • Maintaining health at work
  • Design for age-friendly homes
  • Creating healthy, active places
  • Supporting social connections
  • Living well with cognitive impairment
  • Managing common complaints of ageing.

We’ll be investing directly in businesses we believe can make a positive difference to healthy ageing. In addition, grant funding is available as part of the Industrial Strategy Challenge Fund.

The Industrial Strategy Challenge Fund is a UK government initiative, set up to invest in organisations that tackle the major challenges we face today. One of the areas the Industrial Strategy Challenge Fund has identified is healthy ageing. 

UK Research and Innovation, a public body funded by the UK government, is responsible for managing the Industrial Strategy Challenge Fund. It has selected us to allocate £6 million in grant funding to companies promoting healthy ageing.

We will be working with Innovate UK, part of UK Research and Innovation, to evaluate  all applications.

Join our webinar

To find out more about how the Healthy Ageing Investment Accelerator works, how businesses can apply and what the investors and Innovate UK are seeking please apply to join us at our online briefing.

This will be held at 15th June 2020 at 14:00

 

 

Next steps

This is an exceptional opportunity to build your business with the help and support of a top UK financial services company. You’ll find more information about the challenge, including details of how to apply, throughout this site.

Our Healthy Ageing Investment Strategy

find out more

Discover how the healthy ageing challenge could help your business

About Legal & General

learn about us

Find out more about our role and the additional £6m we’re offering

Innovate UK

our partnership

Our partnership with Innovate UK explained

How to apply

eligibility and process

Understand the application process

What our people have to say

Chris Knight, CEO, Legal & General Retail Retirement

Chris Knight

"We look forward to putting the grant funding, alongside our own capital, to work to enhance our society and create meaningful solutions for an ageing demographic.”