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April 6, 2007 11:51 AM PDT

Tech prize seeks ideas for graying boomer market

by Michael Kanellos
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There's still two weeks left to throw in a business plan for the Silicon Valley Boomer Technology Summit business plan competition.

The organization will award two $10,000 prizes: one for a business plan relating to health, and one in a general business category. Rules and regulations at the link above.

Although you don't hear as much as about it as energy, health care will likely become one of the large opportunities for start-ups and established industrials alike in the coming years. Ideas that have percolated in recent years include needle-less vaccine systems, robots for helping move old people around their homes and wireless patches that can monitor blood pressure through optical technology.

"We now have 70-year-old children taking care of 90-year-old parents," Matsushita Electric President Fumio Ohtsubo told News.com last year.

It's also that reference to 70 year old kids that lets me put this in Digital Kids.

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