UK asks Indian innovators to participate in Longitude Prize using Indian seed funding

Image
ANI London
Last Updated : Jul 25 2016 | 6:48 PM IST

The Longitude Prize team is in India to encourage Indian researchers to compete in the prestigious 10 million pound Longitude Prize open to the world to find a way to conserve effective antibiotics for future generations.

A series of promotional activities are being organised across Chandigarh, Kolkata, Bangalore, Chennai, Pune and New Delhi through this week to promote the Longitude Prize and to broaden the range applications from researchers and innovators in India.

The UK Government announced a seed funding programme called the 'Discovery Awards' to further open up global innovation in developing diagnostic tools to combat the global threat of antimicrobial resistance (AMR).

The Longitude Prize Discovery Awards will provide grants of up to £25,000 to participants who need access to funding in order to develop their ideas on transformative, novel point-of-care diagnostics that could significantly reduce the misuse or overuse of antibiotics globally.

The Government of India has recognised the urgency of the situation and has also announced seed funding to support Indian teams registering for the Prize. The current total fund is at least £200,000, donated by GSK and the Biotechnology Industry Research Assistance Council (BIRAC) of India.

Tamar Ghosh, Nesta's Longitude Prize lead said, 'The seed funding will support new and existing teams taking part in the Longitude Prize- a five year, 10 million pound challenge to tackle the threat of AMR. The funding will mobilise contributions from organisations supporting the goal of the Longitude Prize, to solve the issue of antimicrobial resistance through innovation and novel approaches to diagnostics.'

There has been a 50 percent increase in teams from India competing in the prize since February 2016 - from 13 participants to 19 in July 2016.

The Discovery Awards are now open for applications, and the applications close on, on August 26th. Therefore the team is organising new series of meetings and events across India, to reach out to as many innovators as possible across the country.

The 10 million pound Longitude Prize fund itself will be awarded for the 'winning' entrant to develop a diagnostic test for bacterial infections that is accurate, rapid, affordable and easy-to-use anywhere in the world. The challenge is open for five years.

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Jul 25 2016 | 6:26 PM IST

Next Story