More than 9 million tons of plastic waste end up in our oceans each year, and without interventions, this number is expected to almost double to 17 million tons per year by 2025. The Ocean Plastic Innovation Challenge will focus on three strategic ways to address this growing crisis: designing alternatives to single-use plastic, identifying opportunities for industries to address plastic waste throughout supply chains, and effectively communicating the need for action through data visualization.
Teams will compete for aggregate prize purses of up to $500,000, and qualified participating teams may have the opportunity to receive a minimum of $1 million in aggregate investment from Sky Ocean Ventures.