Wearable Health Tech devices have the potential to improve the lives of millions, cut healthcare costs, and make treatments more effective. Unfortunately, the majority of people in the world cannot afford $300 smartwatches and the even more expensive smartphones that these require. A group of organizations are banding together to address the problem of bringing wearable technology to low-income populations. UNICEF is widely known as the worldwide organization that works to protect children’s lives, especially in under-developed regions. The group is partnering with ARM, the maker of energy-efficient microprocessors, and frog, the product strategy and design firm. Together, they have launched the Wearables for Good challenge.
This is an open competition to create innovative and affordable wearable devices to improve the lives of women and children around the world. Participation is open to students, engineers, designers, entrepreneurs, or anyone with a good idea, anywhere in the world. The main requirements are that the product be cost-effective, rugged and durable, low-power, and scalable so that it is easy to produce and maintain in large numbers.
Two winners will receive $15,000 awards along with an incubation package that will including mentoring from contributing partner companies. Applications can be made online and must be completed by August 4. Finalists will be announced on September 4, with final submissions due October 2 and the announcement of the two winners on November 2.