Bill Gates' New USD 30 Million Fund for Early Alzheimer's Diagnosis Now Live Entrepreneurs can even apply for this customized accelerator program, to further Alzheimer research

By Rahul R

Opinions expressed by Entrepreneur contributors are their own.

You're reading Entrepreneur India, an international franchise of Entrepreneur Media.

Shutterstock

With focus on social issues being a key criterion for entrepreneurs and investors today, Microsoft Co-Founder Bill Gates has stated that he along with Leonard Lauder and others would allocate at least USD 30 Million towards models that result in advanced diagnosis of Alzheimer's. This fund would be pumped into Diagnostics Accelerator – an initiative by the Alzheimer's Drug Discovery Foundation (ADDF).

Smart Healthcare models – need of the hour

Gats' new fund, the Diagnostics Accelerator, along with Leonard Lauder, the Charles and Helen Schwab Foundation, the Dolby Family, and the ADDF, would encourage new ideas to build bridges between research at the academic level and actual diagnostics that could be accessed by the vast majority the world over.

The new venture investments committed to by Gates adds substance to the fact that healthcare today needs technology-driven disruptive models which could make world-class facilities not only accessible but also affordable; now, Gates' new venture announcement also reiterates the fact about early diagnosis of potential diseases and affordability being the need of the hour even in "developed" economies outside of India.

"If you think you're one of these bold thinkers, we want to hear your great ideas," states Gates on his official blog post.

Entrepreneurs, both in India as well as globally, could check out the ADDF to apply for the diagnostics accelerator program. The focal point here is early diagnosis of Alzheimer's to save people before the disease becomes deep-rooted. Here, Gates adds that entrepreneurs could come up with models wherein simple non-invasive tests could help diagnose smartly.

New solutions coming to the fore

In the Indian scheme of things, there have been quality investments of late which re-iterate the smart models entrepreneurial requisition. In these investments, disruptive technology viz Artificial Intelligence (AI), Machine Learning (ML), the Internet-of-Things (IoT) are the focal points harnessing which deliverables are formulated.

Solutions such as smart diagnostics hardware working on the IoT and AI, have been deployed and the greatest advantage that these solutions offer is making lives of people in the tier-2 and rural economies of India easier. Data-driven models are key to making healthcare more accessible and affordable as well, believe data scientists.

Rahul R

Former Staff

Rahul R is a media professional with over 6 years of experience. Prior to Entrepreneur India, Rahul was a Senior Technical Journalist at EFY digital magazine. 
Leadership

What Makes You a Unicorn in Your Industry? Start by Mastering These 4 Pillars

We all want to achieve elusive unicorn status. But how do you attain such a lofty goal among stiff competition, all vying for the same thing?

Growing a Business

7 AI Tools That Help You Build a One-Person Business — and Make Money While You Sleep

Who needs a team? These seven AI tools let you automate everything, scale like a beast and reclaim your time.

Leadership

Why 18 Minutes of Your Day Can Make You Better Than 95% of People

What if I told you that's all you need to surpass 95% of people in any skill? With 18 minutes of focused, consistent effort each day, you can turn small moments into massive progress.

Business Ideas

70 Small Business Ideas to Start in 2025

We put together a list of the best, most profitable small business ideas for entrepreneurs to pursue in 2025.

Money & Finance

5 Money Habits That Separate Successful Entrepreneurs From Struggling Ones

Learn how successful entrepreneurs manage cash flow, invest wisely and build long-term financial stability.

Business News

Here's How Much a Typical Google Employee Makes in a Year

Compensation for the median Google employee was up 5% in 2024 compared to 2023, according to a new U.S. Securities and Exchange Commission filing.