Manulife gives half a million dollars in prize money to challenge winners to help accelerate their mission to enable people to live healthier, more prosperous lives 

BOSTON, Oct. 16, 2024 /PRNewswire/ — Manulife today announced the winners of the Prospering in Longevity Challenge, through UpLink, the World Economic Forum’s open innovation platform, and the Forum’s Centre for Financial and Monetary Systems. Together, Manulife and the Forum have chosen ten winning global start-ups that have innovative approaches to preventative health care and strengthening financial wellness over longer lives. 

The winners of the Prospering in Longevity Challenge are: 

• Addition Wealth, a holistic financial wellness platform that partners with companies to offer customized financial wellness solutions 
• Boldin (formerly NewRetirement), a dynamic platform designed to revolutionize retirement planning by integrating technology with personalized financial advice 
• Conquest, a comprehensive financial planning tool designed to help advisers expand their practice and provide clients with robust financial advice 
• GetSetUp, an innovative educational platform tailored specifically for older adults, empowering them through live, interactive classes
• Givers, a startup supporting family caregivers by helping them access state programs that provide financial compensation, coaching and training 
• juli, a startup leveraging artificial intelligence to revolutionize chronic condition management 
• Smplicare, an AI-driven coaching platform focused on promoting healthy ageing 
• TELL, a pioneering health-tech company specializing in neurocognitive health assessment through innovative voice analysis technology
• Waterlily, a startup utilizing AI to revolutionize planning and insurance for long-term care 
• Zencey, a health-care startup leveraging AI and telemedicine to provide accessible and personalized care 

By 2050, the global population over 65 is expected to double to 1.6 billion¹, bringing significant health and wealth challenges for our planet. Manulife partnered with the World Economic Forum and UpLink on this challenge because of a shared sense of urgency to find accessible solutions to help people worldwide live longer, healthier, and better lives.  

Manulife President and CEO Roy Gori will share more details about the winners today at the Longer. Healthier. Better. Longevity Symposium in Boston, which was hosted for the first time in 2023. The winning startups will each receive C$50,000 in prize money alongside access to UpLink’s Innovation Ecosystem. The ecosystem is a network of innovators, investors, experts, and partner organizations that can help them make a deeper impact. 

“The world urgently needs solutions to address the longevity crisis. People are living longer, but not necessarily healthier lives. Many people cannot fund these extra years within the existing social and financial system,” said Sarah Chapman, Global Chief Sustainability Officer for Manulife. “The winners of this challenge are leveraging technology to create innovative solutions to these issues. Now more than ever, we need strategic collaboration like this to help people live longer, healthier, better lives.” 

Earlier this year, the multi-year partnership between Manulife and UpLink was announced at the Forum’s Annual Meeting in Davos and the Prospering in Longevity Challenge is the first of three innovation challenges designed to help shape the future of, and investment in, the longevity economy. New thematic focus areas will be picked for the next two challenges in 2025 and 2026. 

“Through the multi-year partnership with Manulife and the World Economic Forum’s Longevity Economy Initiative, UpLink is accelerating longevity innovation to empower people from all backgrounds to lead healthier, more financially resilient and fulfilling lives,” said John Dutton, Head of UpLink, World Economic Forum. “The first of three innovation challenges, Prospering in Longevity, attracted innovative solutions from around the world, with a focus on preventative healthcare and financial resilience across generations. We look forward to continuing our work with Manulife to source and scale start-ups in the longevity space, promoting resilient and prosperous lives for individuals, communities, and society as a whole.” 

To learn more about Manulife’s Impact Agenda, and to track progress against its goals, visit manulife.com/impact.  

About Manulife  
Manulife Financial Corporation is a leading international financial services provider, helping people make their decisions easier and lives better. With our global headquarters in Toronto, Canada, we provide financial advice and insurance, operating as Manulife across Canada, Asia, and Europe, and primarily as John Hancock in the United States. Through Manulife Investment Management, the global brand for our Global Wealth and Asset Management segment, we serve individuals, institutions, and retirement plan members worldwide. At the end of 2022, we had more than 40,000 employees, over 116,000 agents, and thousands of distribution partners, serving over 34 million customers. We trade as ‘MFC’ on the Toronto, New York, and the Philippine stock exchanges and under ‘945’ in Hong Kong.   

Not all offerings are available in all jurisdictions. For additional information, please visit manulife.com.   

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About UpLink  
UpLink is the open innovation platform of the World Economic Forum, designed to unlock an ‘entrepreneur revolution’ for people and planet by supporting start-ups with innovative solutions for the world’s most pressing issues, as outlined by the United Nations Sustainable Development Goals (SDGs).   

Launched at the World Economic Forum’s 2020 Annual Meeting in Davos in partnership with Deloitte and Salesforce, UpLink is building an innovation ecosystem for entrepreneurs, investors, experts and partners, helping to scale early-stage ventures sourced through a competition framework known as innovation challenges. UpLink has now run more than 50 challenges and identified over 500 entrepreneurs with innovative solutions across critical SDG areas including health, food, freshwater, ocean, plastics, education, climate and more. For more information, visit https://uplink.weforum.org.   

Media Contacts:  Emily English, [email protected], +1-647-544-2800  

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CHIHUAHUA, Mexico, Oct. 16, 2024 /PRNewswire/ — Italian-American economist Mariana Mazzucato has warned in Mexico about the risks of innovation driven by policies that exacerbate inequality, noting that some of the “stupidest fiscal policies have been implemented in the name of entrepreneurship.”

During her speech at the 27th TCI Network Conference, held in Chihuahua, northern Mexico, Mazzucato pointed out that the current global financial structure, rather than fostering inclusive growth, has contributed to wealth concentration and economic stagnation for large segments of the population.

The University College London professor argued that the narrative around innovation and entrepreneurship has been used to justify fiscal and financial policies that have actually increased inequality, such as the reduction in the capital gains tax in the United States.

“Some of the stupidest fiscal policies have been made in the name of innovation and entrepreneurship,” she stressed.

Mazzucato met with Mexico’s new president, Claudia Sheinbaum, to discuss projects related to innovation, regional development, and industrialization. She also held meetings with other cabinet members, including Economy Minister Marcelo Ebrard and Environment Minister Alicia Bárcena.

The renowned economist defended the need to ensure a fair distribution of the benefits of innovation, arguing that the current model has proven ineffective by ignoring the need to shape markets toward inclusive and sustainable growth.

“The growth that so many countries need is not the mission; it’s the outcome of how we actually design our public policies,” she said.

In this regard, the award-winning economist, who has been appointed to the Pontifical Academy by Pope Francis, advocated for a “better design of industrial policy.”

She emphasized the need for the public sector to take an active role in financing innovation, promoting policies aimed at solving specific social problems and addressing inequality, rather than perpetuating it.

Mazzucato also noted the importance of governments creating frameworks that encourage sustained investment in research and development, which involves not only increasing public spending in key areas but also fostering an ecosystem that promotes collaboration.

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Finally, Mazzucato expressed concern over growing inequality and its connection to populism: “I’m very interested in inequality because I think it’s reaching a point that is closely tied to much of the populism we are seeing around the world.”

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BULFORD, England, Oct. 16, 2024 /PRNewswire/ — Finoliga, an emerging leader in the financial trading industry, is excited to announce the launch of its advanced trading platform, designed to meet the diverse needs of traders around the globe. With features such as ultra-fast trade execution, real-time market analysis, and a robust educational resource centre, Finoliga offers a complete trading experience for both novice and experienced traders.

Finoliga’s platform is engineered to provide traders with rapid access to global markets, including currencies, commodities, stocks, and indices. The platform’s ultra-low latency ensures that trades are executed with speed and precision, which is critical for developing and implementing effective trading strategies in real-time market conditions.

“At Finoliga, we are committed to providing traders with the tools and resources they need to succeed in today’s dynamic markets,” says a spokesperson for Finoliga. “Our platform combines cutting-edge technology with comprehensive market research, allowing traders to make well-informed decisions and optimise their trading strategies.”

The platform also offers an extensive range of market research tools, including daily market analysis, economic news, and real-time trade alerts. These tools provide traders with the latest market data, helping them stay informed and ahead of market trends. Finoliga’s daily analysis videos and exclusive in-depth courses further enhance traders’ knowledge, enabling them to refine their strategies and improve their trading outcomes.

In addition to its powerful trading tools, Finoliga places a strong emphasis on user security and privacy. The platform incorporates advanced security protocols to safeguard user data and financial transactions, ensuring a secure trading environment for all users. Finoliga’s dedicated support team is available around the clock to assist traders with any questions or concerns, further enhancing the user experience.

Finoliga’s platform is accessible across all devices, providing traders with the flexibility to trade anytime, anywhere. Whether on desktop or mobile, traders can engage with global markets at their convenience, making Finoliga the ideal solution for those who demand both mobility and performance in their trading activities.

With its launch, Finoliga aims to set a new standard in online trading by delivering a platform that combines speed, security, and comprehensive market insights. By offering a complete suite of products and tools, Finoliga is positioned to become a go-to platform for traders seeking to elevate their trading experience.

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For more information about Finoliga and its advanced trading platform, please visit finoliga.com.

Contact Details: 
Joseph Greenwood,
[email protected],
Phone number: +447424188392
Site: https://finoliga.com/

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