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"If I'm 62 right now, my mission is to do everything I can to give myself those extra decades to intercept those technologies coming our way," Fortune quotes Peter Diamandis as saying.
Diamandis is the founder of the XPRIZE Foundation, which is hosting a $101 million competition to find technologies that can restore a decade of muscle, immune, and cognitive functioning to people age 65 to 80 in a year or less.
"The team has got to deliver a minimum of a 10-year restoration of function with a target of 20 years," Diamandis tells Fortune.
The goal is to extend health span, the number of years people live healthy and free of disease.
Experts have estimated that the health span and life span gap is about a decade or more, meaning people live the last of their lives disabled and in pain.
"The two most powerful capabilities are the universal human brain and the human immune system," Diamandis says.
He predicts that teams will use gene therapies, epigenetic reprogramming, stem cell therapies, or a combination.
The first XPRIZE competition was announced in Saudi Arabia last week, and teams have until Dec.
31 to sign up.
Diamandis is adding a $10 million bonus to any team that can target his specific condition,
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A customized collection of grant news from foundations and the federal government from around the Web.
Foundation: Headwaters Foundation for Justice, MacArthur Foundation, Marguerite Casey Foundation, Marguerite Casey Foundation
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Social Entrepreneurship
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In the world of social enterprises, failure is a cringe-worthy moment nobody wants to talk about. But, social entrepreneurs can benefit from their failures.
