Presented by Bentleys, CareFactor is an accelerated program of growth and learning with access to mentors, community and networks in aged care, technology, marketing, investors and capital raising. CareFactor provides skills, resources and support for aged care start-ups, entrepreneurs and intrapreneurs.

Supported by major sponsor Telstra Health and program sponsors – ACSA (Aged & Community Services Australia)AWS, Paynters, SprintVC, Redchip and Westpac CareFactor has been developed to rapidly scale ideas nationally and internationally.

About the Program        CareFactor 2019 Testimonials        Who is CareFactor for?

Calling all aged care startups!

Want to be a part of CareFactor 2020? Expression of Interest and Participant Pack available here.

About the Program

CareFactor is a purpose-built program to support and incubate innovation in the aged care sector. Following the success of the 2019 cohort, CareFactor’s 12 Week Incubator will run again over 2020 and 2021. Applications for the CareFactor program are currently open and will be closing on Friday 25th September.

Due to COVID-19, we’ve pivoted the way we’re delivering CareFactor 2020 to be fully online. But our mission remains the same: to foster innovators of all descriptions to develop unique solutions to aged care industry challenges.

3 Day Masterclass

9, 10, 11 November 2020

The Masterclass will provide three days of intensive learning and rapid development, including expert presentations, innovation workshops and our flagship “speed pitching” session with aged care providers. Topics include:

  • aged care industry
  • entrepreneurship & commercialisation
  • finance & investment-ready
  • costing & budgeting
  • marketing and communications
  • human resources and hiring

Who is CareFactor for?

  • Entrepreneurs and start-ups
  • Innovators and ‘intrapreneurs’ within aged care (or other) organisations
  • Researchers or university students

GOT A BIG IDEA FOR AGED CARE?
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8 Week Mentoring Course

November 2020 – February 2021

Over two four-week intensive courses (November 2020 and February 2021), teams will engage with the Entrepreneur-in-Residence for weekly check-ins. Sessions will be focused on goal planning and achievement, growth guidance and pitch preparation. In addition, exclusive weekly themed content will be shared with the cohort (including industry-specific webinars).

Why participate?

Every part of the program has been tailored to help you commercialise your idea.

  • Intensive Learning – Hands-on workshops with market-leading tools teaching you how to commercialise.
  • Structured Program – Based on proven recipes for putting innovation into practice, delivered by experts.
  • Best-in-class Mentors – Guided engagement with expert mentors and industry stakeholders.
  • Exclusive Networking – Access to industry experts and mentors, as well as an opportunity to pitch to investors.
  • Subsidised Participation – Participants will receive up to $10,000 of in-kind value over the 12 weeks

Pitch Day

March 2021

All teams will be given the opportunity to pitch their project or start-up to an audience of customers, investors, buyers and the broader innovation ecosystem.

Are you a provider looking for a front-row seat to industry innovation?

We are looking for aged care providers to be members of our Provider Pool – a network of forward-looking organisations who have the opportunity to engage in CareFactor activities.You will get first access to CareFactor opportunities, including our flagship “speed pitching” event – a round-robin style session for the start-ups involved in our program to get fast-feedback from real industry stakeholders. The opportunities and benefits of being part of our Provider Pool include:

  • First access to new innovations in the industry
  • Provide expert feedback on the innovations of CareFactor participants
  • Structured opportunities to ‘canvas’ and engage with start-ups as potential pilot partners
  • Explore ways for upper management and Boards to be more agile and embrace innovation
  • Meet and extend your networks in the aged care + innovation ecosystems

CareFactor 2019 Testimonials

  • CareFactor Pitch Finalist 2019 sponsored by Austrade: Greg Satur and Simon Heaysman from hayylo
  • CareFactor People’s Choice Pitch Award sponsored by Xero: Phill Forostenko from Beartrap
  • Trademark package sponsored by Redchip Lawyers: Greg Satur and Simon Heaysman from hayylo

Thank you and congratulations to all of our  2019 CareFactor Teams: hayylo, Moovosity, Cogniant.co, RiskTeq, Beartrap, BoostNQ, Comunify, Fase3, EchoCare, and Raise the Bar.

Thank you also to our 2019 sponsors: RedchipPayntersAustralia UnlimitedQueensland Chief EntrepreneurAdvancerSprint VenturesAged & Community Services Australia and Westpac.

2019 CareFactor Gallery

FAQs