ECO an­nounces $1 mil­lion & $5 mil­lion con­tests for so­lu­tions to re­move mi­cro and macro plas­tics

Oil and Gas - - GLOBAL NEWS -

The de­sign of the En­dow­ment for Clean Oceans (ECO) $1 mil­lion con­test has been fi­nalised, and will be mak­ing a se­ries of an­nounce­ments about who will be se­lected as the judges for our con­tests to find a sus­tain­able, glob­ally-de­ploy­able tech­nol­ogy to re­move mi­cro and macro plas­tics from the world’s oceans.

The con­test will ac­cept sub­mis­sions from around the world.

Given the in­ter­est from po­ten­tial con­tes­tants, ECO is mak­ing the fol­low­ing changes to the $1mil­lion con­test for tech­nol­ogy or a plan to re­move mi­cro and macro pieces of plas­tic from the ocean. There will be three sub­mis­sion cat­e­gories: Cor­po­ra­tions & Uni­ver­si­ties, “Garage” In­ven­tors, El­e­men­tary / Se­condary Stu­dents.

The $1 mil­lion prize will go to the Cor­po­ra­tion and Univer­sity win­ner. The “garage in­ven­tor” will win a sig­nif­i­cant in­vest­ment in his com­pany and tech­nol­ogy. The prize for the el­e­men­tary and se­condary stu­dent cat­e­gory will be a full schol­ar­ship to a school of their choice.

“We must de­ploy tech­nol­ogy to re­move mi­cro and macro pieces of plas­tic from the world’s oceans on global scale,” said Daniel Per­rin, ECO’s Founder.

ECO’s sec­ond con­test, to find an eco­nom­i­cally vi­able re­place­ment for plas­tic, is equally im­por­tant. The win­ner of that con­test will re­ceive a $5 mil­lion prize. “We need to pre­vent new plas­tic from go­ing into the world’s oceans as well as take the plas­tic al­ready pol­lut­ing our oceans out,” said Per­rin. “It’s es­sen­tial, it re­ally can’t wait.”

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