Tech prize, offering new hope to help people with dementia stay independent
Today, a £4.34 million prize fund from Alzheimer’s Society, Innovate UK and Challenge Works – supporting alongside us are The Hunter Foundation, Heather Corrie and Medical Research Council – has been launched to find innovators who can create ground-breaking technologies to help people with early-stage dementia to live independent and fulfilled lives 85% of people
Today, a £4.34 million prize fund from Alzheimer’s Society, Innovate UK and Challenge Works – supporting alongside us are The Hunter Foundation, Heather Corrie and Medical Research Council – has been launched to find innovators who can create ground-breaking technologies to help people with early-stage dementia to live independent and fulfilled lives
85% of people asked by Alzheimer’s Society said they would want to stay at home for as long as possible if diagnosed with dementia. With hospital admissions proven to increase the rate of decline, it is critical to find technology that enables people with dementia to live independently at home.
The devastating condition could affect 153 million by 2050, but relatives of those living with dementia believe that technology can keep their loved one safe at home, with 3 in 5 people saying technology would become more important in the future for managing dementia.
Alzheimer’s Society has united with Innovate UK and Challenge Works to launch a new multi-million-pound competition today – a collaborative partnership of charity, government and UK donors – to find cutting-edge technology that can help people with dementia live independently at home for longer. The announcement comes as more than half of people surveyed who have close family and friends living with the condition say such technology would help them feel less worried about family or friends with dementia.
The new £4.34m Longitude Prize on Dementia calls for innovators globally to use artificial intelligence to create breakthrough technologies that learn from a person living with dementia, adapting and compensating for their condition as it progresses, and help people living with dementia maintain their independence and lead a fulfilling life doing things they enjoy.
In a new survey released today of people with close family and friends living with dementia, 54% of people said they would be less concerned about their relative’s safety if they had technology to help them live independently, and six in ten people believe that technology will become even more important in the future for managing dementia.
Financial contributions to the Longitude Prize from the Foundation, The Hunter Foundation and Heather Corrie will not only go towards a £1 million first prize but will also bolster wider support to give innovators crucial insight and expertise, such as access to data, collaboration with people with dementia, and expert advice on product design and business aspects of the innovation.