- The Longitude Prize on Dementia launches September 2022 calling for new assistive technologies that bridge cognitive gaps for people living with dementia.
- It will award $4.8 million of seed funding and development grants will be awarded to the most promising teams of innovators.
- First prize of $1.6 million to be awarded in early 2026.
- Supported by AGE-WELL in Canada, the prize is funded by the UK’s Alzheimer’s Society and Innovate UK, and delivered by challenge prize experts, Challenge Works.
“Over half a million Canadians are living with Alzheimer’s disease or another dementia2. 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,” said Dr. Alex Mihailidis, Scientific Director and CEO of AGE-WELL, Canada’s technology and aging network. “We are really pleased to lend our support to this important new prize, which will tap into the spirit of innovation that abounds in the AgeTech sector.”
“We know that there are treatments around the corner but we want to change the way people are living with dementia now,” said Kate Lee, CEO of Alzheimer’s Society. “Current technologies supporting dementia care focus on monitoring people and alerting their carers but there are real opportunities for innovation which will support people to live joyfully and independently. The Longitude Prize on Dementia will deliver technologies that become an extension of the individual’s working ‘brain’ and memory in a way that is specific to their needs – enabling them to continue living at home and doing the things they love for as long as possible.”
