The government has launched a challenge for startups to develop an alternative for single-use plastic. The first winner will receive a cash price of Rs 3 lakh for each problem statement, while the second winner will get Rs 2 lakh.
“The target of the single-use plastic grand challenge is to incentivise innovators and startups to develop design solutions,” the department for promotion of industry and internal trade (DPIIT) said.
Dubbed as “Single Use Plastic International Grand Challenge”, the startup challenge is open to all startups across the globe having Minimum Viable Product (MVP) along with Proof of Concept (PoC).
The target of the single use plastic Grand Challenge is to incentivise innovators and Startups to develop design solutions. The solutions must also have the same or greater functionality as the products they are designed to replace and must be designed with current production methods in mind. The theme will focus on the entire value chain.
Single-use plastics, often also referred to as disposable plastics, are commonly used for plastic packaging and include items intended to be used only once before they are thrown away or recycled.
An interim jury of experts will review the eligible applications and shortlist the best entries on the basis of an evaluation criteria as set by the DPIIT. The result will be announced on October 31.
Plastic bags, straws, coffee stirrers, soda and water bottles and most food packaging are single-use plastic.
Last for entries is 22 OCT, 2019 and can be applied here
~ With Inputs from PTI