Longitude Prize on Dementia is a world prize searching for improvements that assist folks with dementia retain their independence for longer
Longitude Prize on Dementia to award $4.95m (£4.34m) in grants and prizes to applied sciences that assist folks with dementia keep unbiased for longer.
LONDON, UNITED KINGDOM, October 5, 2022 /EINPresswire.com/ — A brand new multi-million greenback competitors has been launched to discover cutting-edge applied sciences that may assist folks with dementia dwell independently at house for longer.
Alzheimer’s Society, Innovate UK and Challenge Works have launched the $4.95m (£4.34m) Longitude Prize on Dementia. The prize is supported by AARP within the United States and AGE-WELL and the Centre for Aging + Brain Health Innovation (CABHI) in Canada.
It calls on international innovators to use synthetic intelligence to create breakthrough applied sciences that study from an individual dwelling with dementia, adapting and compensating for his or her situation because it progresses.
The applied sciences ought to assist folks dwelling with dementia keep their independence and lead a satisfying life doing issues they take pleasure in.
AARP, AGE-WELL and CABHI will probably be supporting profitable innovators within the US and Canada to develop their options in partnership with folks dwelling with the situation.
The entry interval is open till January 26, 2023. 23 profitable groups will obtain $90k Discovery Award grants (£80k) to develop their ideas. From these, 5 groups will obtain $342k grants (£300k) to flip ideas into working merchandise, with the successful staff receiving a $1.14m first prize (£1m).
50 million folks dwell with dementia globally, with round 7 million within the US and over 500,000 in Canada – and it’s set to rise dramatically.
The situation devastates lives, inflicting folks to lose recollections, relationships and their id. It may have an effect on 153 million all over the world by 2050.
Although there’s presently no remedy for dementia, folks with the situation can dwell effectively for years. Assistive expertise may assist folks keep secure, pleased and extra unbiased of their house for longer.
Launching the prize, Kate Lee, Chief Executive Officer, Alzheimer’s Society stated: “Most existing technology for people with dementia is designed to keep them safe or give their carers peace of mind. There is huge opportunity to harness cutting-edge technology to help fill in the gaps in their brain and thinking as their condition progresses. It already exists in the apps and smart technology we use every day. We could repurpose the software of TikTok and WhatsApp to help people put a name to a face or remember a word. The new Longitude Prize on Dementia will open up huge possibilities in this area making technology work for people living with dementia and their families.”
In the US, rivals could also be invited to be a part of the AARP Innovation Labs’ accelerator program. It presents corporations the chance to acquire perception into the 50-plus market.
“AARP works every day to empower people to choose how they live as they age, and people living with dementia should also have that opportunity,” stated Sarah Lenz Lock, AARP senior vp of coverage and government director of the Global Council on Brain Health. “The Longitude Prize on Dementia challenged the world’s innovators to help improve the quality of life for people with dementia and their caregivers.”
In Canada, CABHI, powered by Baycrest, helps innovators develop, disseminate, scale, and promote adoption of promising improvements.
“The Longitude Prize on Dementia is a tremendous opportunity for innovators to develop cutting-edge solutions to help people living with dementia maintain their independence and age in the setting of their choice. CABHI is proud to support award recipients through innovative services that will help develop and accelerate the spread, scale, and adoption of these solutions,” says Dr. Allison Sekuler, President & Chief Scientist, CABHI.
AGE-WELL, with its lengthy observe document of supporting the event of improvements and applied sciences for wholesome getting old, will probably be a necessary accomplice in delivering tailor-made assist to Canadian innovators.
“Over half a million Canadians are living with Alzheimer’s disease or another dementia. New technologies in the areas of artificial Intelligence and machine learning offer an unprecedented opportunity to help those living with dementia to maintain their independence and remain longer in their own homes,” stated Dr. Alex Mihailidis, Scientific Director and CEO of AGE-WELL, Canada’s expertise and getting old community.
To enter the Longitude Prize on Dementia, go to dementia.longitudeprize.org.
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Notes to Editors
GBP1=USD1.14 – right October 4, 2022, 1600 GMT
Andrew McKay
Seven Consultancy
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Longitude Prize on Dementia: Helping folks with dementia retain their independence
