Hybrgroup and Coca Cola have announced the launch of the Entrepreneurs’ Plastics Innovation Challenge (EPIC).
EPIC is an innovation challenge aimed at identifying solutions to eliminate plastic waste in Nigeria by sourcing sustainable solutions with the purpose of identifying, developing and scaling potential circular innovations from entrepreneurs, wherever they may be.
This project is a quest towards identifying solutions to eliminate plastic waste in Nigeria by discovering, developing and deploying circular innovation.
EPIC works as a platform to crowdsource ideas and solutions from Nigeria and abroad in order to solve the plastic waste problem and validate these ideas and/or solutions into scalable ventures.
It hinges on cross-value chain collaboration, bringing together all stakeholders to develop and expedite the initiative to eliminate plastic waste. It focuses on solutions around collection, recycling, consumption and uses.
EPIC involves entrepreneurs, innovators, designers, students, scientists, academics, and NGOs from any part of the world.
The top 10 ventures will be invited to an Innovation Bootcamp in Lagos, Nigeria, with three (3) ventures to be selected for an 8-week market traction program.
Interested teams must develop, submit and pitch their business case for expansion.
The sum of $10,000 will be provided as funding support per team to prototype with the potential for a commercial contract upon success with potential commercial opportunity in excess of $10 million.
Application closes on December 4, 2018.
Are you interested?