EnvironmentSusty InnovationsSusty Opportunities

Susty Opportunities: New Plastics Economy Innovation Prize

The prize is seeking innovators to find alternative materials that could be recycled or industrially composted. The aim of the Challenge is to stimulate the development of materials that could be captured, recycled or composted effectively rather than being incinerated or ending up in landfills or the natural environment after short use.

Award Details

Winners will receive $200,000 and exclusive access to a 12-month acceleration programme, with the opportunity to receive mentoring and support from New Plastics Economy participant organisations, to advance their innovations and demonstrate that their materials have the potential to be a viable alternative to non-recyclable multi-material laminated packaging.

Eligibility Criteria

  • The Competition is open to all individuals over the age of 18 and to all validly formed legal entities which are permitted to participate by their governing documents.
  • Directors, trustees, employees and family members of the Sponsors, the Judges Panel, and any of their respective affiliates and subsidiaries are not eligible to enter this Competition.
  • Responses from companies (small to large), academic researchers, other research institutes, consultants, venture capitalists, entrepreneurs or inventors are welcome.
  • Applicants are solely responsible for all hardware, software, and internet service connections and any service fees associated with such access necessary to submit and file their submission as well as all costs incurred by them or on their behalf to participate in the Competition.

Click here for FAQs and to apply.

Olabanji Jackson
Banji is an Environmental & Social Risk Analyst whose work involves reviewing the E&S implications of large scale projects and making a case for integrating sustainability in business models. He is passionate about micro-finance, financial literacy and growing social enterprises. In his spare time he loves to dabble in photography and creative non-fiction writing.