AXA and Swiss Re Foundation launched together with Impact Hub an international startup support program, to enable entrepreneurs with innovative solutions, to address the challenges of the increase in human’s life expectancy and demographic ageing. The Impact Hub Fellowship for Longer Lives, implemented in four different cities and countries, will nominate up to twelve initiatives and award four of them with a one year fellowship, gaining access to seed funding, focused skill development, valuable networks and a stimulating workspace at Impact Hub.
Impact Hub Fellowship is a topic focused entrepreneurial idea award and one-year incubation program designed to attract, select and support early stage impact orientated entrepreneurs and help them realise their innovations for a more sustainable world. Each Fellowship gets implemented by the collaborative effort of key stakeholders.
The thematic focus of the AXA and Swiss Re Foundation Fellowship is Longer Lives. The increase in human’s life expectancy and demographic ageing has become one of the major challenges facing our society today. Although there is still a north-south disparity, it is a global phenomenon and since 2009, the number and proportion of elderly people has been growing faster than ever in both developed and developing countries. This gives rise to very significant economic, social and educational challenges, concerning everyone of us. However, it is also a source of barely-yet explored opportunities.
With the Fellowship, AXA, Swiss Re Foundation and Impact Hub are looking for innovative initiatives that provide sustainable solutions towards meeting the challenges and opportunities, posed by the increase in life expectancy and demographic ageing.
The Fellowship will be open to purpose-driven entrepreneurs, who are ambitious, aiming to revolutionise the status quo and find that collaboration is the most powerful tool to generate positive impact. Awarded will be scalable solutions in the form of products or services that enable changes in practice or behaviour in one or several of the following aspects:
Starting in Milan, Italy at Impact Hub Milano - applications open beginning of November 2013 - the Fellowship will further be launched in London, United Kingdom at Impact Hub Kings Cross, Oaxaca, Mexico at Impact Hub Oaxaca and Madrid, Spain at Impact Hub Madrid.
Please find on this site updated progress information on each of the four editions.
This partnership came into being on the occasion of the 150th anniversary of Swiss Re, joining forces with one of the world’s largest insurers, the AXA Group.
"We at Swiss Re Foundation are proud to work with AXA on this new initiative. It is a natural extension of our business relationship and offers opportunities to merge our business and social objectives for the good of society", said Jean-Jacques Henchoz, CEO Reinsurance EMEA and Member of the Board of Trustees Swiss Re Foundation.
“I am convinced that the increase in life expectancy is one of the main challenges of the 21st century, for both mature and emerging economies. This partnership with Swiss Re and Impact Hub is a wonderful way to help turn one of society’s greatest risks into an economic opportunity, thanks to concrete solutions launched by social entrepreneurs throughout the world”, said Alice Steenland, Vice President of Corporate Responsibility at AXA Group.