Låkril Technologies, for example, is a company that recently won the contest by developing a cost-effective method of producing acrylic acid and acrylates out of renewable feedstocks like corn. Acrylic acid and acrylates are used to make several products, including plastics, coatings, adhesives paints and can even be a key material in medical devices.
“The Consider Corn Challenge brought Låkril Technologies visibility and contact with multiple corn grower associations and industrial corporations,” said Chris Nicholas, co-founder and president of Låkril Technologies and a past winner of both Consider Corn Challenge III and the 2024 Radicle Challenge. “These relationships allowed us to expand our business.”
If all 19 winners of the Consider Corn Challenge I, II, III, & IV reached full commercialization with products available in the marketplace, the potential for additional corn demand could be approximately 3.4 billion bushels.
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