The long-term care sector is an important part of the silver economy. In this sector, given the rapid aging of the population, significant business opportunities are generated. Likewise, there are opportunities for innovation both from the business sector and from civil society organizations (which are important providers of these services).

Governments, particularly at the local level, can take advantage of this opportunity in the care economy, with the dual objective of improving the quality of life for older people and their families, and promoting employment and economic growth. To do this, they can support the construction of an entrepreneurial ecosystem in the long-term care sector.

This report presents an analysis of the key elements for building the aforementioned ecosystem. The target audience is policymakers at different levels of government, including municipalities, which in many cases are responsible for organizing the sector. The analysis is complemented by a tool that allows policymakers to assess the progress of ecosystem construction in their territory.

This tool analyzes five dimensions of the ecosystem: regulatory framework, entrepreneurial financing, entrepreneurial culture, support structures, and human resources. The tool highlights key opportunities (low hanging fruits), which are the most strategic and high-value interventions but relatively easy to implement. These include, for example, the creation of public or private digital portals to facilitate the meeting of supply and demand, the definition of a standardized contract for the paid caregiver at home, and the offer of training for caregivers.