We are committed to enhancing the safety and well-being of the elderly population. We are pleased to present our innovative solution for elderly individuals who get lost. As we see more baby boomers retiring and living in care facilities, our solution becomes more critical. Ensuring safety is a growing concern, and NFound is dedicated to addressing this issue with advanced technology.
Problem Statement
Recent data indicate that the number of individuals aged 75 and older will reach 1 million per year. This demographic shift raises substantial concerns about the safety of elderly individuals, especially those prone to wandering. Studies show that 45% of seniors in residential care facilities experience incidents of wandering and getting lost. These incidents pose serious risks to their health and safety, causing distress to their families and caregivers. Thus, there is a pressing need for effective solutions to prevent such occurrences.
Solution Overview
NFound’s breakthrough technology, developed by our dedicated IT staff, uses advanced audio and visual technology to track the real-time location of lost elderly individuals. Over the past two years, our team has conducted extensive research and development. As a result, we have created a reliable and user-friendly application that caregivers and families can easily use.
Our application leverages state-of-the-art GPS and sensor technology to provide accurate and real-time location tracking. Additionally, the application includes features such as geofencing, which alerts caregivers when an elderly individual moves beyond predefined safe zones. Initial tests in Sacramento County, California, showed significant improvements in the speed and accuracy of locating lost seniors compared to traditional methods. This innovative solution has proven to be a game-changer in ensuring the safety of elderly individuals.
Impact and Benefits
Implementing NFound’s technology will significantly benefit families, caregivers, and the elderly population. By providing a reliable and efficient tracking system, we can alleviate the anxiety and stress experienced by families and caregivers. A survey conducted in 2022 in Residential Care Facilities with six beds found that 75% of families with elderly members feel more secure knowing they have access to a reliable tracking system. Additionally, care facility staff reported a reduction in the time and resources spent searching for lost residents, allowing them to focus more on providing quality care.
Sustainability
NFound remains committed to the long-term success of this initiative. Our sustainability plan includes ongoing research and development to continually improve the application and adapt to emerging technologies. We will provide regular updates to ensure the application remains effective and user-friendly. Furthermore, we will collaborate with care facilities, community centers, and local authorities to ensure seamless integration of the technology. These partnerships will enable us to expand the reach of our solution and provide support to more individuals and their caregivers.
Conclusion
NFound’s breakthrough technology addresses a critical need in our aging society. By providing a reliable and efficient solution for tracking elderly individuals, we can enhance their safety and provide peace of mind to their families and caregivers. With your support, we aim to make this innovative solution available nationwide, offering a crucial service for the growing population of retirees.
Your support will help us ensure the safety and well-being of our elderly population, making a meaningful impact on their lives.
Thank you for considering our grant proposal. We are open to providing additional information or scheduling a meeting to discuss this opportunity further
Ben EL Massioui, Chairman & CEO
