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Check Out the New Plastics Economy Innovation Prize

plastic bottles
Friday, May 26, 2017

The New Plastics Economy Innovation Prize is calling for for designers, scientists, entrepreneurs, and academics 18 years of age and older, to create a plastics system that works. The competition aims to advance the design and recycling of plastics—particularly packaging—to keep valuable material out of the ocean. To achieve the goal of eliminating plastic packaging waste, the Prize is composed of two parallel challenges:

- The $1 million Circular Design Challenge which invites applicants to rethink how we can get products to people without generating plastic waste. The Challenge will focus on small-format packaging items (10% of all packaging) such as shampoo sachets, wrappers, straws and coffee cup lids, which are currently almost never recycled and often end up in the environment. Anyone with a good idea for how to get products to people without using disposable packaging can enter this Challenge partnered by OpenIDEO.

- The $1 million Circular Materials Challenge seeks ways to make all plastic packaging recyclable. About 13% of today’s packaging, such as crisp packets and food wrappers, is made of layers of different materials fused together. This multi-layer construction provides important functions like keeping food fresh, but also makes the packaging hard to recycle. The Challenge therefore invites innovators to find alternative materials that could be recycled or composted. The Challenge partner is NineSigma.

Winners will enter a 12-month accelerator programme offering exclusive access to industry experts, commercial guidance, feedback on user and scalability requirements, advice on performance expectations, and access to innovation labs for testing and development. The first winners will be announced later this year.

The New Plastics Economy Innovation Prize is led by the Ellen MacArthur Foundation and was launched in collaboration with HRH The Prince of Wales’s International Sustainability Unit. The Prize is funded by Wendy Schmidt, Lead Philanthropic Partner of the New Plastics Economy Initiative.

Learn more at: https://newplasticseconomy.org/innovation-prize



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