GC3 Preservative Innovation Project Brings Industry Sponsors Running
This article was originally published in The Rose Sheet
Leading personal-care firms, mega-retailers Target and Walmart and entities from the NGO and regulatory arenas have lined up to sponsor the Green Chemistry and Commerce Council’s preservative innovation competition, now tentatively slated to kick off in April 2017. GC3’s Co-Director Monica Becker provides an update on the project, which she suggested has received unprecedented sponsor support.
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Leading manufacturers and chemical suppliers are in direct discussions with seven semi-finalists in the GC3 competition – aimed at surfacing early-stage preservative innovations with potential applications in the personal-care and household products sectors – with final judging now in sight.
Aug. 24 is the deadline to submit early-stage preservative technologies for personal-care and household products to the Green Chemistry & Commerce Council’s Preservative Challenge, backed by a fleet of industry sponsors, including major chemical suppliers. GC3 says over 160 innovators have registered in the competition portal, with 15 submissions thus far and "a flurry of activity" expected in the final week.
Leading personal-care firms are hopeful that early-stage innovators won’t be the only winners in a competition launching within weeks to identify promising new preservative technologies. Entrants can walk away with a prize of $25,000 or more, but the real draw is the opportunity to partner with a corporate sponsor.