Nationwide Implementation of NFound’s Dementia-Focused Elderly Tracking Technology
Elderly Tracking Technology is a public charity organization. Therefore, we’re committed to enhancing the safety of the elderly population. Moreover, we’re witnessing a significant increase in baby boomers suffering from Dementia. NFound has developed a solution to address the emerging phenomenon of the elderly getting lost.
Elderly Tracking Technology Problem Statement
Problem Statement
The number of individuals aged 75 and older will reach 1 million per year. Consequently, this demographic shift raises growing concerns, particularly for those prone to wandering. Additionally, recent studies indicate that 45% of seniors in residential care facilities experience incidents of wandering.
Solution Overview
To address this issue, our IT staff developed an application that utilizes cutting-edge technology. Specifically, this application tracks the real-time location of lost individuals. Over the past two years, our team conducted extensive research and development, which resulted in a reliable and user-friendly solution.
Current Status
After successful research and development, we made NFound’s application operational. As a result, initial tests in Sacramento County, California, showed substantial improvement in the speed and accuracy of locating lost seniors. This improvement is significant compared to traditional methods.
Funding Request
Therefore, NFound seeks your financial contribution to expand our operations and facilitate the nationwide deployment of this technology. Raising the capital will ensure the technology’s efficacy across various settings and maintain complimentary membership access for our network communities.
Impact and Benefits
Implementing NFound’s technology will profoundly impact families, caregivers, and the elderly population. In fact, a 2022 survey that Residential Care Facilities conducted found that 75% of families with elderly members would feel more secure knowing they have access to a reliable tracking system.
Sustainability
NFound is committed to the long-term success of this initiative. Consequently, our sustainability plan includes ongoing research and development, regular updates to the application, and collaboration with care facilities, community centers, and local authorities to ensure seamless integration of the technology.
Conclusion
In conclusion, NFound’s breakthrough technology addresses a critical need in our aging society. With your support, we aim to make this innovative solution available nationwide, providing a crucial service for the growing population of retirees.
Thank you for donating to our public charity. We appreciate your consideration of our grant proposal and are available to provide any additional information or to schedule a meeting to discuss this opportunity further.
Sincerely,
Ben Massioui, Chairman & CEO