APPLY NOW: Plastics Innovation and Circularity Challenge 2023 for Innovators in South Africa | R175,000 prize

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APPLY NOW:Plastics Innovation & Circularity Challenge 2023 for Innovators in South Africa | R175,000 prize

APPLY NOW: Plastics Innovation and Circularity Challenge 2023 for Innovators in South Africa | R175,000 prize

The Plastics Innovation and Circularity Challenge 2023 is now accepting applications. SOLVE@Waterfront and OceanHub Africa are looking for innovative solutions to South Africa’s plastic issues with the help of the UK South Africa -Tech Hub, a UK Government project.

If you are based in South Africa and have created an innovative business/technological solution to a problem issue, such as:

  • Technologies/systems to increase the rate of plastic collection.
  • Technologies/behavior change to facilitate the separation of waste after use or at the source.
  • A solution to better manage low-value plastics (single-use plastics, multi-layered packaging) through reuse and recycling.
  • Digital technology to address plastic pollution (e.g. behaviour change, reduction of the use of plastics, collection/sorting, recycling, tracking system).
  • And any other innovation that could stop the leakage of plastic into the ocean.
  • A prototype of any of the above, which you are ready to test.

Plastics Innovation and Circularity Challenge 2023 Prizes

Finalists will

  • Be awarded R175,000 to further develop your innovation and business
  • Be featured on the partners’ websites and their social media channels
  • Have a chance to pitch in front of investors and other stakeholders during the leading African event on ocean-impact innovation, Ocean Innovation Africa Summit
  • Automatically secure admission in OceanHub Africa’s 2023-2024 cohort, 1st Pan-African accelerator programme designed to support blue entrepreneurs

Runners-up will

  • Be awarded R25,000 to further develop your innovation and business
  • Be featured on the partners’ websites and their social media channels
  • Have a chance to pitch in front of investors and other stakeholders during the leading African event on ocean-impact innovation, Ocean Innovation Africa Summit
  • Automatically secure admission in OceanHub Africa’s 2023-2024 cohort, 1st Pan-African accelerator programme designed to support blue entrepreneurs

Eligibility for the Plastics Innovation and Circularity Challenge 2023

You are eligible if

  • Your startup is contributing to plastic circularity;
  • You are an incorporated for-profit and operate in South Africa;
  • You are a scalable service or product currently or soon to be available on the market;
  • Your product or service is clearly innovative and/or your business model is disruptive;
  • You are looking to grow your economic, social, and environmental impact.

Plastics Innovation and Circularity Challenge 2023 Selection Criteria

  • Impact & vision
    • How much impact will your innovation have on the plastic value chain and its circularity?
    • How much is environmental and/or social impact embedded into South African context and/or part of your long-term goals?
    • Potential for employment, job creation and improving working conditions in plastic wastes management
  • Business model
    • Product-market fit and market potential
    • Innovation approach
    • Current traction and/or growth strategy
    • Scalability
  • Technology
    • IP owned
    • Business built on reliable technology(ies) including both software and hardware
    • Innovation
    • Adaptability and scalability
  • Team
    • Team size
    • Team background
    • Relevance of distribution of responsibilities, priorities

Apply here

For more information, visit Plastics Innovation & Circularity Challenge.

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