Amcor (NYSE:AMCR, ASX:AMC), a global leader in developing and producing responsible packaging solutions, announced it has launched an Amcor Lift-Off session dedicated to Michigan State University (MSU) with the support of the MSU Research Foundation and its network. The program offers an opportunity for early-stage start-ups from MSU and its wider network to win up to $250,000 in seed funding. Additionally, through collaboration with the MSU’s Burgess Institute for Entrepreneurship and Innovation, MSU student teams will compete for a grant of up to $10,000. This initiative follows the April 20 opening of the newly renovated MSU School of Packaging building, a program Amcor supported with a $10 million investment that included the establishment of an Endowed Chair of Packaging Sustainability.
Start-ups and student teams who participate in the Lift-Off program are invited to present their ideas within one of six focus areas: alternative barriers; smart and connected packaging; new business models; biomaterials; fiber; and recycling. Up to eight start-ups and student projects will then be shortlisted to present their innovations to a team of Amcor leaders in a pitch event at MSU on Nov. 2, 2023. Winners may have additional investment opportunities from Red Cedar Ventures and Michigan Rise – subsidiaries of the MSU Research Foundation – that could provide greater access to seed funding.
more at: https://www.amcor.com/media/news/amcor-next-generation-innovators-msu-lift-off