Amcor launches Lift-Off packaging innovation initiative

Amcor has announced the launch of Amcor Lift-off, a program intended to support start-ups focused on the development of innovative packaging solutions and technologies. $250,000 is up for grabs, with five finalists eligible for the funding.

Up to 20 start-ups will be invited for a first call to make their pitch and five of these participants will be selected to pitch their ideas in front of a team of senior Amcor leaders. Each one of these final five could receive the $250,000 from Amcor, which will also lend its support to the products’ developments.

Open for applications until 15 May, applicants must be innovating in at least one of the following six strategic areas:

1. Recycling systems
2. Alternative barriers
3. Paper-based solutions
4. Smart and connected packaging
5. Biomaterials
6. New industry business models

“Our customers, and their consumers, want packaging solutions to evolve in line with societal expectations around sustainability, transparency and traceability — these solutions are the next generation of packaging and Amcor is bringing them to the forefront,” said Frank Lehmann, Vice President Corporate Venturing and Open Innovation at Amcor.

For more details about the program, visit https://www.amcor.com/about/ventures.

Image credit: ©stock.adobe.com/au/luckybusiness