GE (NYSE: GE) and the NFL announced today 16 winners in the first stage of the $20 million “Head Health Challenge.” Each of the winners will receive a $300,000 award to advance their work to speed diagnosis and improve treatment for mild traumatic brain injury. GE and the NFL will provide mentorship, access to GE researchers and industry thought leaders with the opportunity for up to six of the awardees to win an additional $500,000 award in 2015.
The goal of the Head Health Challenge is to improve the safety of athletes, members of the military and society overall. The winners were selected from more than 400 entries from 27 countries, after having been reviewed and nominated by a panel of leading healthcare experts in brain research, imaging technologies, and advocates for advances in brain research.
NFL Commissioner Roger Goodell said, “These studies hold the promise of advancing brain science in important ways. The health and safety of our players is our top priority, and this challenge extends that commitment to the general population as well. We hope the innovative approaches proposed by these winners will have a lasting impact on the treatment of head injuries.”
Sue Siegel, CEO of GE Ventures & healthymagination, said, “We launched the Challenge as a call to action to fast-track advancement in head health. The Challenge has shown us a remarkable number of breakthrough ideas that deserve attention, investment and further research. By advancing the work of these winners, we will better understand brain injuries suffered by athletes and members of the military and improve our knowledge of the brain overall which could help improve our understanding of neurodegenerative diseases such as Alzheimer’s and Parkinson’s.”
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