1. International Center for Long Term Care Innovation www.innovateltc.com
Mission
Empower entrepreneurs to develop and distribute novel products, services and technologies that are
scalable and sustainable over time.
Vision
Transform the quality of care and quality of life for the global aging population by accelerating innovation.
Business Summary
InnovateLTC is a business accelerator that will engage entrepreneurs and help lower barriers to the
market while fostering creativity and collaboration. InnovateLTC’s goal is to enhance lives and transform
the long term care industry at the intersection of products, services, and technologies serving persons
50+ years of age.
InnovateLTC has received seed funding from both Nucleus and Signature HealthCARE,LLC, and each
has also agreed to help raise a minimum of $5 million for the Innovation Fund for Aging. This fund will
support start-up companies and help advance the development of new products. Other plans for the
partnership include fostering learning, building a global knowledge repository, creating a distribution
network, and offering clinical simulation environments that support research and commercialization efforts
for innovations in aging.
Executive Team
John Reinhart, Chief Executive Officer
Graham Phillips, Chief Development Officer
Pam Meriwether, Executive Coordinator
Alicia Heazlitt, Market Research Manager
2011 Outlook
The center anticipates virtual and physical growth by developing an e-commerce site as well as a long
term care showroom highlighting innovation.