A six-month competition called the Ultimate Water Challenge has been launched to attract entrepreneurs with early-stage water companies.
Building the innovation ecosystem
A six-month competition has been launched to create an ecosystem of innovation and technology sharing between start-ups, vendors, and pilot sites in the United States.
The Ultimate Water Challenge has been launched by the water innovation hubs, Go Hub and The Water Tower, to support entrepreneurial efforts in three key areas: improving the capture and treatment of stormwater, reducing energy consumption, and improving population health through wastewater surveillance.
Entrepreneurs with early-stage companies leveraging artificial intelligence (AI), internet of things (IoT), robotics, and other water solutions can apply and winners will receive:
- Up to $50,000 to fund pilot projects
- Proprietary utility data to test and validate solutions
- Introductions to venture capital firms, investors, partners, and key players of the U.S. water industry
- Access to GoHub’s six-month accelerator and venture programs, aimed at providing funding to their companies (up to $3 million via convertible note).
Winners will also receive mentoring from GoHub, The Water Tower leaders and also by industry experts from technology companies and universities including GoAigua, Siemens, University of Michigan, and more.
An opportunity to pilot technologies
GoHub ventures recently co-invested into US company Divirod that helps to monitor and forecast water-related risks and adverse weather from climate change.
“The Ultimate Water Challenge provides water start-ups an incredible opportunity to pilot their technologies and gain invaluable feedback throughout the process from high calibre mentors,” said Melissa Meeker, CEO of The Water Tower.
Applications will be accepted through August 1, 2021 and winners will be announced on September 1, 2021. Pilot programs will begin on November 1, 2021.
- To apply, visit The Water Tower website.
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