100+ Accelerator is currently inviting applications for the Corona Plastic Free Challenge.
Corona is a brand born at the beach, deeply connected with nature and appreciative of all that it has to offer. As a brand that aspires to eliminate plastic from the Oceans, they are looking for passionate entrepreneurs from across the globe to help them find new ideas or technologies that can become new standards for reducing or eliminating plastic from the consumer goods industry. Corona took on an extensive assessment of its operations to identify any remaining plastic usage throughout its global supply chain, including its logistics process. This report identified two areas that require further innovation and new thinking to reduce or eliminate plastic, these two established the foundations of the Corona Plastic-Free Challenges.
Award Information
Corona will offer 100,000 USD per startup to build and scale innovative solutions for plastics reduction through the 100+ Accelerator.
Details
Scalable businesses that leverage low carbon energy generation from (plastic) waste
Improvements to palletization that removes plastic stretch film, while maintaining transportation quality
Scalable businesses that leverage plastic upcycling technologies
Replacements or alternatives for plastic liners in bottle caps
What they offer?
A large part of the program is based on launching pilots to validate product/market fit. Therefore, they are primarily looking for startups that have either a product that is ready to go to market or already in-market. Earlier stage companies will be considered by rare exception only.
The 100+ Accelerator will provide support, guidance and access to potential funding through:
Pilot customer opportunities with the four corporate partners: AB InBev, Unilever, Coca-Cola, and Colgate Palmolive (including the potential to scale company-wide)
Active mentorship, training and programming in product development, go-to-market, operations, sales and more
Top mentor network of scientists, academics, domain experts, venture capitalists, corporate sustainability leaders, etc.
Potential funding from Partner Companies and their networks
Eligibility Criteria
The 100+ Accelerator challenges were developed with input from subject matter experts and partner companies to ensure both global and local issues are addressed.
Deadline: April 30, 2022
For more information, visit 100+ Accelerator.
Related Challenges:
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