9 Oct 2019
Alumnus shortlisted for IET Innovation Awards
Alex Nash has been shortlisted for the Young Innovators category of the IET Innovation Awards for his company Alcuris and their flagship product, Memo.
Memo is a telecare system that works with third-party smart devices in the home to learn behaviour and detect anomalies. Through this, Memo can monitor behaviour and alert family members/carers to unusual activity.
Founded in his final year of study, Alcuris was inspired by Alex’s grandfather’s own battle with dementia. The company aims to extend the independence of older and vulnerable people, providing peace of mind for their family and friends whilst supporting the work of local authorities and care providers.
Alcuris was first launched at the Loughborough University Science and Enterprise Park and has gained great investment since, including from PureGym founder Peter Roberts. The company is soon set to raise over £2 million and employs 15 people.
The company has also had its potential recognised through the BMW iTech and Santander Universities Entrepreneurship awards, as well as the Loughborough Enterprise Network Start-Up Fund which awards students and recent graduates up to £5,000 to progress new businesses.
Additionally, last year Alex was awarded a Great British Entrepreneur Award for his work.
Alex graduated from Loughborough in 2016 with a degree in Product Design Engineering.
Congratulations Alex and to all at Alcuris.
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