$1M for smart tech to eliminate waste, close the loop

$1M for smart tech to eliminate waste and close the loop

The New South Wales Government has announced the first ever ‘NSW Smart City Innovation Challenge’, calling for start-ups and small businesses to pitch data-focused solutions to help NSW be a zero-waste state.

There will be up to $1 million on the table for a start-up or small business to partner with the NSW Government to test their solution

The Innovation Challenge includes a call for proposals, pitchfest event, co-development of the solution and for one lucky applicant access to $1 million to develop a proof of concept over 12 months with the potential for further scale-up, if successful.

This is the first of three innovation challenges, which the NSW Government will host in 2022.

NSW Office of Energy and Climate Change Executive Director, Kate Wilson said better access to data and insights will help drive innovative outcomes for the circular economy.

“For us to make a shift, data insights and modelling are critical. With the right data, interventions to reuse and recycle materials can be tracked, modelled and evaluated to inform circular economy initiatives across NSW,” Wilson said.

“Better access to materials data can also help generate new business opportunities in recycling and reuse industries.”

The Innovation Challenges are made possible by the Smart Places Acceleration Program, which has allocated $45 million from the Digital Restart Fund.

Applications close Friday 29 April and a briefing seminar will be held on Thursday 14 April 2022.

To register and for more information, click here.

 

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