Develop human capital of seniors to increase their economic and social value in a knowledge based and competitive economy
Declining birth rates and progressive ageing of the population can be observed in all advanced European countries and forecasts predict the continuation of this trend. Ageing is therefore becoming an increasingly important challenge to the competitiveness of the European economy. An interlinked challenge faced by central European cities and regions is the increasing financial burden caused by ageing and other demographic and social trends combined with shrinking public spending, making it difficult for local and regional authorities to respond to the changing needs of society. Tackling these dual challenges in an integrated way could strongly contribute to the economic competitiveness of central Europe.
Senior Capital aims to tackle these challenges and to establish a stronger economic and social role of senior citizens both by supporting their knowledge development and by channeling their knowledge and experience towards younger generations.
