INVENT 2016 is a Northern Ireland competition which aims to challenge entrepreneurs, scientists, inventors and start-ups to come up with great ideas for business, or the public at large. Entrants compete through rounds of pitching to independent expert judges to win a share of a prize fund, access to a global network, and a place on an NT Tech Mission to California. It’s a great competition which helps to put start-ups on the map and gives them a platform for valuable promotion.
As a company that helps entrepreneurs launch and grow their businesses, Mitra Innovation follows INVENT with keen interest. This year we’re also proud to say that a start-up we have invested in – Kraydel – has made it to the finals.
Kraydel is a new, easy-to-use, assisted living service which can enable elderly people to live independently in their own homes. Through the use of a smartphone app, a base station, and a wrist strap, Kraydel can provide people with peace of mind that their elderly relatives are safe and well, by letting them know about their daily movements, the ambient temperature in their homes, whether or not they have taken their medication, and if they have a medical issue or emergency. It can also provide elderly people with peace of mind that help is just a click away, if they get into any mobility or medical difficulties.
The company was set up by Paul Moorhead (from Belfast) and George Redpath (from Lisburn). Mitra has also helped with development work and programming.
The winners of INVENT 2016 will be announced at the INVENT Awards in Northern Ireland on 29 September. 600 people will be in attendance, including leading technology experts, commercial executives and entrepreneurs. (More details about the event, including tickets can be found here.)
The line up of finalists is exciting! But – of course – we’re rooting for Kraydel to win!