WRAP launches £1.4m circular economy plastics prize

Written by: Jo Gallacher | Published:
Grants of £100,000 to £500,000 will be awarded subject to match-funding

A £1.4m competition has been launched to support business ideas which stop plastic being thrown away.

Managed by WRAP in partnership with UK Research and Innovation (UKRI), the UK Circular Plastics Flagship Projects Competition will award business ideas which reduce environmental impacts and create more circular solutions.

It forms part of the £20m Plastic Research and Innovation fund (PRIF) announced during the Chancellor’s 2017 Autumn Statement.

Grants of £100,000 to £500,000 will be awarded subject to match-funding.

Businesses are asked to consider whether their ideas relate to the competition’s four central criteria: to reduce the total volume of plastic waste, improve UK plastic recycling, reduce public confusion and reduce the amount of plastic in the ocean.

Sam Gyimah, science, research and innovation minister, said: “We are committed to exploring all methods to move from a use and dispose economy to use, reuse and recycle. Programmes like the Plastics and Research Innovation Fund give innovators the chance to develop creative fixes for one of our biggest global challenges.”

The competition was announced at the inaugural 2018 UK Plastics Pact Summit where new WRAP research and guidance for plastic packaging and collecting and processing post-consumer plastics was introduced.

This included design tips for making rigid plastic more recyclable and an update of the National Recycling Guidelines.


This material is protected by MA Business Ltd copyright.
See Terms and Conditions.

Comments
Name
 
Email
 
Comments
 

Please view our Terms and Conditions before leaving a comment.