Tom Ford and 52HZ have announced that submissions are now open for the Tom Ford Plastic Innovation Prize, for inventors, entrepreneurs and those invested in the fight against plastic pollution. The prize aims to accelerate meaningful innovation around a replacement for thin-film plastic.

It is the only competition focused exclusively on material science innovation to incentivize the creative development and adoption of affordable and scalable alternatives to thin-film plastic. The two-year competition, followed by three years of support for competition finalists, offers a purse total of more than $1 million. By bringing investors, major brands, and other partners together in an action-focused coalition, the Plastic Innovation Prize will offer dedicated support to help finalists reach scale and market adoption by 2025, creating an inflection point in the fight against plastic pollution.

Submissions to the Tom Ford Plastic Innovation Prize are open un 24 October. Learn more about submission guidelines and prize rules at plasticprize.org