Oil and Gas

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

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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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