Amcor announces shortlist for latest Lift-Off competition

Core Insights - Amcor has shortlisted four innovative start-ups in its Amcor Lift-Off challenge aimed at addressing the Water Vapour Transmission Rate (WVTR) barriers for compostable substrates, including paper [1][2][3] Group 1: Amcor Lift-Off Challenge - The challenge focuses on finding effective solutions for moisture protection in compostable packaging materials [3] - The selected start-ups will undergo a rigorous evaluation process that may include technical trials and potential investment [3][4] - Amcor Lift-Off is designed to support early-stage start-ups working on breakthrough packaging technologies, offering selected companies the opportunity to collaborate with Amcor's technical teams and receive funding of up to $500,000 [4][5] Group 2: Innovation and Sustainability - Amcor emphasizes the importance of open innovation in accelerating progress within the packaging industry, aligning with its sustainability goals [4] - The initiative reflects Amcor's commitment to being a leading partner in packaging innovation and connecting with talented minds in the start-up ecosystem [5] Group 3: Company Overview - Amcor is a global leader in packaging solutions, focusing on responsible and sustainable packaging for consumer and healthcare products [6] - The company operates with approximately 70,000 employees across around 140 countries, leveraging its global capabilities to meet local customer needs [6]