SAN FRANCISCO, September 15, 2015 – Imagine H2OTM, the leading accelerator for water innovation, has launched its Water Data Challenge. The program will identify and engage promising startups that can deliver data and analytics solutions to drive smarter water resource management in industrial, municipal and agricultural markets.
Improved access to actionable data and analytical tools is needed urgently as the world faces increasing pressure on its water systems. The opportunity is ripe for new solutions that enable water users across sectors to monitor and manage water resources more effectively.
“Data is a fundamental challenge in this industry,” explains Scott Bryan, President of Imagine H2O, “and there is a major opportunity for entrepreneurs to adapt successful business models and technologies from other sectors to the water industry.”
Imagine H2O’s business accelerator enables participating startups to successfully introduce innovative solutions into the marketplace. Since 2008, over sixty companies have benefited from the program’s introductions to industry mentors and global network of customers and investors. The program’s alumni represent $1 in every $10 of early stage investment in the water sector.
“Since submitting a draft business plan to Imagine H2O in 2009, our company has continued to reap the benefits of this program’s customer and investor networks,” said Peter Yolles, Founder of WaterSmart Software, the customer engagement solutions company for water utilities which has raised over $13M in venture capital and works with over 45 utilities in North America, cumulatively saving over 2 billion gallons of water.
An independent panel of technology experts, venture capitalists and business leaders will select up to ten finalists to receive cash awards, in-kind professional services and an invitation to participate in the accelerator. Imagine H2O’s financial supporters include Wells Fargo (Headline Sponsor), Tetra Tech, and the California Water Foundation.
Applications are due by November 16, 2015. More information about the program and the application process is available at http://www.imagineh2o.org/accelerator.
About Imagine H2O
Imagine H2O provides water entrepreneurs with the resources, insight and visibility to launch and scale successful businesses. The Imagine H2O Accelerator has helped over 60 innovative water companies win customers and receive more than $1 in every $10 of early stage investment in the water sector. Imagine H2O partners with leading utilities, corporations, investors, academic institutions and associations committed to advancing water innovation. Imagine H2O recently launched the California Policy Challenge to source policy ideas that accelerate the deployment of water technologies to improve the State’s water resource management. To learn more about Imagine H2O and connect with water entrepreneurs from around the world, please visit www.imagineh2o.org.