12 January 2022
14:00 UK / 09:00 EST
Disability Innovation Live: Investment Ready Innovations - AT pitch day
A unique sneak peak into assistive technology investment opportunities from the AT Impact Fund’s current portfolio companies. Ventures will share their learnings from entering new markets, exploring never-used-before financing methods and developing pioneering business models before pitching for further investment as they look to scale.
We know that for every dollar spent on assistive technology, the economy receives a nine dollar return. Join us to find out the economic impact of investing in disability innovation, and the millions that could benefit as a result.
The Opportunity of a Million - special series
There are 1.2 billion disabled people on the planet and 90% do not have access to the assistive technology (AT) they need. That’s 900 million people globally with an unmet need, unable to reach their full potential. This staggering figure is due to DOUBLE by 2050 to over 2 billion people as the worlds population ages.
GDI Hub believes that in order to address this untapped market potential, key barriers such as access to, and affordability of assistive products needs to be addressed - this is particularly true in the global south where 80% of disabled people are located. These barriers often stem from the sector's inability to support the scaling of homegrown innovations, stopping AT reaching local populations at an affordable cost. The lack of AT products reaching in-need populations can often lead to further exclusion, compounding stigma and reducing demand.
The AT Impact Fund (ATIF), mobilised by £2M from the Foreign Commonwealth and Development Office through the AT2030 programme, and led by GDI Hub, has spent the last 16 months testing 'what works' to increase access to AT through investment. ATIF, through addressing the critical needs of the most promising AT entrepreneurs, has gathered evidence that shows that enabling low- and middle-income AT start-ups to bridge the 'valley of death' and increase their chances to scale, is possible and potentially profitable, should the right investors come forward.
The ATIF partnership of AT experts, academics and venture builders alongside catalytic grant capital, has successfully supported 5 initial pioneering AT ventures in Africa. The impact funds current success has without doubt, demonstrated the value of investment in meeting the needs of low and middle income markets.
We invite you to hear from the world’s first ever impact fund investing in innovators and pioneers in AT.
This Disability LIVE series promises to demonstrate the huge progress ventures have made in entering new markets, exploring never-used-before financing models and pioneering business models. Alongside this, we’ll move the sector forward by discussing what the role of investment is in AT through an exclusive look at GDI Hub and ATIFs research and wider learnings on how the unique combination of technical assistance and capital investment could change the world of impact investing and open the door to the market of over a billion people.