2. The Problem
Approximately 15 million Americans are caregivers for
loved ones with dementia
31% turn to the internet when they need help
Professional caregiving organizations exist, for scheduled,
planned needs
Caregivers challenges
Immediate non-medical attention for their loved one
Don’t have family in the area to help
Don’t have a local support network already in place
(neighborhood)
3. Unmet Need
Diane’s Story
Karen’s story
These people needed:
Someone they trust who could step in to provide
basic help as an ally when the caregiver can’t
A digital neighborhood / support network
Many times it’s the little things that make
caregivers say “I can’t take anymore!”
But if they knew help was available, nearby…
5. Futuristic Mechanism of Coordination
Based on the fundamental
principal of Here Sourcing
What if you could summon a
creative workforce from your
immediate surroundings?
6. Market Potential
Caregivers of loved ones with dementia*
5.3 million people living with dementia in America
Approximately 15 million Americans are caregivers for loved
ones with dementia
Over 7.5 million Americans are looking after a parent
Caregiver services: valued at $450 billion/year (2009)**; est.
$675 / year (2015)
13 days/month general daily tasks***
*Source: Lewis, 2014
** AARP Public Policy Institute, 2012
***Source: Gallup Healthways Wellbeing Survey 2011
7. The Solution
CARE Router: A community-based location app /
platform, which has:
Real time location-based availability of people available
to help
Networking and referral based solutions like LinkedIn
Community based connections like Facebook
Addresses the immediate needs of the caregiver by
Connecting them with a community of allies ready to help
Building digital support network which becomes their
digital neighborhood
Long term: Analytics to help refine strategies for long
term home care for people with dementia
8. Product Features
Primary caregiver
has a need
pulls up the app
requests a service with the push of a button
Caregiver is immediately connected to a network of
community-based allies nearby that they can choose
Caregiver selects the ally; the ally confirms the request
and arrives at the requested site
The ally provides the service and through an interface,
notifies the caregiver that the service is complete
9. Hello, Shiyu Vicky Deng
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12. SWOT Analysis
STRENGTHS
Immediate, location-based Here Sourcing
Building digital neighborhood / digital
support network
Ease of use
Use of readily available tech solutions
WEAKNESSES
Competition
Awareness
Pricing Models
OPPORTUNITIES
Currently no location-based, real time
Here Sourcing capability
Caregiver-centric
Behavioral analytics – dementia
Scalable, market potential
Untapped market
THREATS
Competition
Regulatory
Liability
13. Markets
Caregivers of loved ones with dementia
Children – Parents, local and distant
Spouses
Friends & neighbors
Ally Community
Pull from the Caregiver social network (FB, LI, etc.)
Outreach
Students (nursing, medical)
Retirees
Other Caregivers