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What opportunties does the plastic pact hold for entreprenerus?

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  • What opportunties does the plastic pact hold for entreprenerus?

    The combat against single-use plastic has been the subject of many important discussions lately, with leading brands such as Nestle, L’Oreal and Coca-Cola vowing their support to the plastic pact by pledging to use reusable, recyclable or compostable packaging by 2025.

    But what does the plastic pact mean for start-ups and for young entrepreneurs?

    According to a recent article by Raconteur, ‘reports suggest the global plastic packaging market could be worth as much as $400 billion by 2023. This is an industry with an appetite for growth and investment. It is also a sector ripe for innovation and disruption.’

    Leading the charge against plastic waste are start-ups who have created clothes using discarded plastic bottles, edible drinking straws and reusable coffee cups made from bamboo.

    Regardless of how your start-up tackles the plastic waste problem, funding and support opportunities are available for anti-plastic start-ups to launch and to grow. Our Smarter Future Programme, which awards one entrepreneur
    Emily Carlson
    Project Manager (Shell LiveWIRE UK)