Bluewater and 11th Hour Racing, a U.S. organization that establishes strategic partnerships to promote change benefitting the ocean, have launched the Global Innovation Competition to address urban drinking water scarcity challenges.
The program, launched under the Imagine H2O’s Global Water Accelerator Program, will have a financial commitment up to a total $1 million in deployment awards and potential follow-on investment. Additionally, the Global Innovation Challenge will fully align with U.N. Sustainable Development Goal 6, which stimulates global action toward the availability and sustainable management of water and sanitation.
“The Imagine H2O 2018 Urban Drinking Water Scarcity Challenge represents an exciting opportunity to unleash water entrepreneurship and innovation to help people and urban authorities in mega-cities manage water resources in an age of growing scarcity,” said Bengt Rittri, Bluewater founder.
Anders Jacobson, president of Bluewater and co-founder and CEO of Blue, the holding company that owns Bluewater, added, “The challenge is designed to create direct and scalable impact for water-scarce cities and at-risk communities, inspire community awareness and public action, promote the role of innovation and entrepreneurship, and facilitate the deployment of real solutions to a real problem.”
Entrepreneurs developing promising solutions related to alternative supply, distributed access and delivery and ecosystem health will be invited to apply. Winners will be honored at a special event at Stockholm Water Week, in the Swedish capital, at the end of August 2018.