Amcor launches new open-call initiatives: Amcor Lift-Off Sprints and Amcor Lift-Off Connect
Amcor (NYSE: AMCR) has launched two new open-call initiatives: Amcor Lift-Off Sprints and Amcor Lift-Off Connect. The Sprints program offers funding up to $500,000 for technical collaborations with start-ups addressing R&D challenges, with two annual sessions starting early 2025. The Connect program focuses on strategic partnerships beyond R&D, with its first session on AI in manufacturing scheduled for December 4. Amcor is committing up to $3 million annually for these partnership activities, building on previous successes with start-ups in AI-powered waste recognition, reusable packaging, sustainable coatings, and bio-based PET.
Amcor (NYSE: AMCR) ha lanciato due nuove iniziative di open-call: Amcor Lift-Off Sprints e Amcor Lift-Off Connect. Il programma Sprints offre finanziamenti fino a $500.000 per collaborazioni tecniche con start-up che affrontano sfide legate alla R&D, con due sessioni annuali che inizieranno all'inizio del 2025. Il programma Connect si concentra su partnership strategiche al di là della R&D, con la sua prima sessione sull'IA nella produzione prevista per il 4 dicembre. Amcor si impegna a investire fino a $3 milioni all'anno per queste attività di partnership, basandosi su precedenti successi con start-up nel riconoscimento dei rifiuti supportato dall'IA, imballaggi riutilizzabili, rivestimenti sostenibili e PET biobased.
Amcor (NYSE: AMCR) ha lanzado dos nuevas iniciativas de convocatoria abierta: Amcor Lift-Off Sprints y Amcor Lift-Off Connect. El programa Sprints ofrece financiamiento de hasta $500,000 para colaboraciones técnicas con start-ups que aborden desafíos de I+D, con dos sesiones anuales que comenzarán a principios de 2025. El programa Connect se centra en asociaciones estratégicas más allá de la I+D, con su primera sesión sobre IA en la fabricación programada para el 4 de diciembre. Amcor se compromete a invertir hasta $3 millones anuales en estas actividades de asociación, basándose en éxitos previos con start-ups en reconocimiento de residuos impulsado por IA, envases reutilizables, recubrimientos sostenibles y PET de base biológica.
암코르 (NYSE: AMCR)는 두 개의 새로운 공개 호출 이니셔티브인 암코르 리프트오프 스프린트와 암코르 리프트오프 커넥트를 시작했습니다. 스프린트 프로그램은 R&D 과제를 다루는 스타트업과의 기술 협업을 위해 최대 $500,000의 자금을 제공합니다. 두 개의 연간 세션이 2025년 초에 시작됩니다. 커넥트 프로그램은 R&D를 넘어선 전략적 파트너십에 중점을 두며, 첫 번째 세션은 12월 4일 제조업에서의 AI에 관한 것입니다. 암코르는 이러한 파트너십 활동에 연간 최대 $3백만을 투자할 계획이며, AI 기반의 폐기물 인식, 재사용 가능한 포장, 지속 가능한 코팅 및 바이오 기반 PET와 관련된 스타트업과의 이전 성공을 기반으로 하고 있습니다.
Amcor (NYSE: AMCR) a lancé deux nouvelles initiatives d'appel ouvert : Amcor Lift-Off Sprints et Amcor Lift-Off Connect. Le programme Sprints offre un financement allant jusqu'à 500 000 $ pour des collaborations techniques avec des start-ups abordant des défis en R&D, avec deux sessions annuelles débutant au début de 2025. Le programme Connect se concentre sur des partenariats stratégiques au-delà de la R&D, la première session sur l'IA dans la production étant prévue pour le 4 décembre. Amcor s'engage à investir jusqu'à 3 millions $ par an dans ces activités de partenariat, s'appuyant sur des réussites antérieures avec des start-ups dans le domaine de la reconnaissance des déchets alimentée par l'IA, de l'emballage réutilisable, des revêtements durables et du PET d'origine bio.
Amcor (NYSE: AMCR) hat zwei neue Open-Call-Initiativen ins Leben gerufen: Amcor Lift-Off Sprints und Amcor Lift-Off Connect. Das Sprints-Programm bietet eine Finanzierung von bis zu 500.000 $ für technische Kooperationen mit Start-ups, die sich den Herausforderungen der Forschung und Entwicklung (F&E) stellen. Es wird zwei jährliche Sitzungen geben, die Anfang 2025 beginnen. Das Connect-Programm konzentriert sich auf strategische Partnerschaften über die F&E hinaus, wobei die erste Sitzung zu KI in der Fertigung für den 4. Dezember geplant ist. Amcor verpflichtet sich, bis zu 3 Millionen $ jährlich für diese Partnerschaftsaktivitäten bereitzustellen, basierend auf früheren Erfolgen mit Start-ups in den Bereichen KI-gestütztes Abfall-Management, wiederverwendbare Verpackungen, nachhaltige Beschichtungen und biobasiertes PET.
- Commitment of up to $3 million annual investment in innovation partnerships
- Strategic expansion into AI and advanced manufacturing technologies
- Structured program for R&D development with direct funding up to $500,000 per project
- None.
Insights
The launch of Amcor's expanded open innovation initiatives represents a strategic move to accelerate R&D capabilities through structured startup collaboration. The commitment of
Previous successes with startups in AI waste recognition, reusable packaging and sustainable materials validate the program's potential. The focus on AI in manufacturing for the first Connect session aligns with industry trends toward digital transformation. The three-way collaboration model involving customers adds significant value by ensuring market relevance and potential commercialization pathways.
However, the long-term ROI remains uncertain and success will depend on effective execution and integration of these technologies into Amcor's core business. The bi-annual cadence suggests a measured approach to innovation adoption.
Amcor Lift-Off Sprints is designed to foster technical collaborations with start-ups whose solutions address specific R&D challenges. Successful start-ups will enter a joint development agreement with Amcor's R&D team and receive funding of up to
Amcor Lift-Off Connect aims to form strategic partnerships and pilots with start-ups that address challenges beyond R&D. While similar in approach to the "Sprints" edition, its goal is to nurture collaborations that could lead to further investments. The first session on Dec. 4 will focus on AI in manufacturing and R&D. Future sessions of Amcor Lift-Off Connect will be announced next year, with the aim of conducting two sessions per year.
Through these programs, Amcor seeks to continually advance open innovation and collaboration with early-stage start-ups, expanding joint development partnerships in new areas like AI. Amcor is committed to investing up to
Frank Lehmann, vice president of Corporate Venturing and Open Innovation at Amcor, said, "We are excited to expand our already successful Amcor Lift-Off initiative, and further energize the packaging industry by elevating these cutting-edge technologies." He added, "This is an important opportunity to work alongside our customers to provide them with the most innovative solutions available to tackle today's packaging challenges."
Applications for next year's Amcor Lift-Off Sprints and Connect sessions can be submitted in December. Learn more about Amcor's Lift-Off program and corporate venturing.
About Amcor
Amcor is a global leader in developing and producing responsible packaging solutions across a variety of materials for food, beverage, pharmaceutical, medical, home and personal-care, and other products. Amcor works with leading companies around the world to protect products, differentiate brands, and improve supply chains. The Company offers a range of innovative, differentiating flexible and rigid packaging, specialty cartons, closures and services. The company is focused on making packaging that is increasingly recyclable, reusable, lighter weight and made using an increasing amount of recycled content. In fiscal year 2024, 41,000 Amcor people generated
www.amcor.com I LinkedIn I YouTube
View original content to download multimedia:https://www.prnewswire.com/news-releases/amcor-launches-new-open-call-initiatives-amcor-lift-off-sprints-and-amcor-lift-off-connect-302301895.html
SOURCE Amcor
FAQ
What are the two new initiatives launched by Amcor (AMCR)?
How much is Amcor (AMCR) investing in its new Lift-Off initiatives annually?
When will the first Amcor (AMCR) Lift-Off Sprints session begin?
What is the focus of Amcor's (AMCR) first Lift-Off Connect session?
