Wevolver, in partnership with Growth Garage, the business accelerator from Mitsubishi Chemical Advanced Materials, Mitsubishi Chemical Europe, and Mitsubishi Chemical Methacrylates launch the Circular Economy Challenge. Winners receive $25,000 in manufacturing and business support.
The circular economy decouples economic activity from the consumption of finite resources. It is a resilient closed-loop system that leverages innovation to eliminate waste and circulate materials that has a positive impact on the well-being of people, society, and planet Earth.
Mechanical and/or chemical recycling is key to producing sustainable thermoplastic polymers, minimising landfills, closing the loop, and facilitating the implementation of the Circular Economy.
The challenge calls upon innovators, engineers, and designers to devise inventive, original ideas that can solve real-world problems in two key areas: recycling technology and parts and products for the circular economy.
Innovators from across the world will have the opportunity to showcase their groundbreaking ideas with Mitsubishi Chemical Advanced Materials and its network. The winners of the challenge will be invited to participate in a pilot program with Mitsubishi Chemical Advanced Materials to bring their proof of concept from prototype into production to the value of $25,000.
“What has been a massive plus is that MCAM wanted to help us develop the hardware, which can be both challenging and expensive. That’s what makes this competition unique and sets it apart,” said Michael Deloyer, Delson Aeronautics and previous challenge winner.
“MCAM is providing us with materials, manufacturing and supply chain expertise, as well as initial production runs of our innovative device. Unlike all the other accelerators and competitions that we’ve seen, MCAM offers something that’s genuinely different,” said Lorenzo Conti, Founder and Managing Director, Crover and Growth Garage 3D Printing Challenge winner.
The Circular Economy Challenge is now underway. Those interested in participating or learning more can visit Wevolver.com.
CE CHALLENGE KEY DATES
|Challenge opens||Tuesday 22 March 2022|
|Early Bird Submissions Close||Monday 22 April 2022|
|Challenge Closes||Sunday 22 May 2022. 12 Midnight CET|
|Finalists Announced||Tuesday 31 May 2022|
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About Mitsubishi Chemical Europe
Mitsubishi Chemical Europe is a wholly owned subsidiary of Mitsubishi Chemical Corporation. The company, with headquarters in Düsseldorf, offers and sells highly developed chemical-based products. The portfolio includes performance polymers, carbon fiber & composites, polyester films, aluminum, and metal composite sheets as well as semiconductor solutions for a wide range of industries. In an additional role as regional headquarters for Europe, located in Frankfurt, it promotes the exchange between group companies in Europe and management in Japan. The stem of all activities is to contribute to the KAITEKI corporate philosophy, which strives for sustainability for people, society, and the earth.
About Mitsubishi Chemical Advanced Materials Growth Garage
Mitsubishi Chemical Advanced Materials is a leading global manufacturer of high-performance materials in the form of semi-finished products and finished parts. The company has locations in 20 countries and more than 2,800 employees. Its specialty engineering thermoplastics and composites are superior in performance to metals and other materials and are used in a wide range of applications, primarily in the capital goods industry. The company is continuously developing new areas of applications in close cooperation with industry leaders in a wide variety of customer markets. The Mitsubishi Chemical Advanced Materials Group is well prepared to further expand its market leadership position.
Growth Garage is a business accelerator program from Mitsubishi Chemical Advanced Materials. Our mission is to support and grow new ideas using our technologies and advanced engineering materials to help tackle some of today’s biggest engineering challenges. We are offering the opportunity for engineers and innovators to pitch us their ideas and receive manufacturing support and services.