The awards are part of the Healthy Longevity Global Competition – a multiyear, multimillion-dollar international competition seeking breakthrough innovations to extend human health and function later in life.
Founded by the U.S. National Academy of Medicine, the competition has been running for two years and calls on teams and individuals from diverse backgrounds including science, medicine, technology, finance, and social sciences to submit novel and innovative ideas. The Competition includes a three-tiered structure of awards: a first phase of Catalyst Awards, a second phase Accelerator Award, and a third Grand Prize phase.
EIT Health is administering and funding the Catalyst Awards, participating in the first phase of the Global Competition to assist in the immediate need for solutions to combat ageing around the world, which provides an opportunity for ventures to focus on physical, mental, and social well-being for people as they age.