The water sector is filled with tedious but solvable inefficiency. This trait can be a foundation for successful businesses. With thanks to Paul Graham, take a peek into the business of schlep solving… Have you ever had to complete a tiresome task — bad enough for you to roll your eyes thinking there has to be a […]
Solving Water Scarcity through Innovation
Urban Drinking Water Innovation Series
From California to China, the alarm bells are ringing. Fast-growing cities globally are running short of safe and reliable drinking water as they cope with population growth, climate change and unsustainable water use practices. It’s estimated that over the next three decades, demand for water in cities is projected to increase by up to 70%. If conditions remain unchanged, water supplies will only get more polluted and affordable drinking water less accessible for the urban poor. These challenges give us our sense of purpose at Imagine H2O; they serve as a reminder of the invaluable contributions our entrepreneurs are making towards building tomorrow’s water-resilient cities.
Since 2009, Imagine H2O has become a proven path to market for water innovation. Over 200 startups from 30 countries competed for 12 places in the organization’s ninth annual accelerator program in 2018. Every year, participants receive mentorship and marketing support. They gain access to investment to help scale their businesses: in 2017, our alumni collectively raised nearly a third of reported early-stage investment in the water sector. Participants also benefit from opportunities to test and validate their solutions with 60+ leading businesses and utilities as part of the organization’s growing Beta Partners network. By helping entrepreneurs build sustainable water technology businesses, Imagine H2O is leading the way in developing sustainable solutions to water challenges.
As the world watched Cape Town inch toward “Day Zero,” Bluewater Group, 11th Hour Racing and Imagine H2O launched a new initiative to support urban water resiliency. The Urban Drinking Water Challenge 2018 is a global innovation competition that will identify and deploy decentralized drinking water solutions in partnering cities. With a focus on validation to inspire widespread adoption, the Challenge provides $250,000 in deployment awards to prove the benefits of promising water technology startups. Winners will be showcased at World Water Week in Stockholm and will be eligible for $750,000+ seed investment from Bluewater Group. A dedicated Southeast Asia Track in partnership with Enterprise Singapore provides additional visibility and funding opportunities for solutions targeting the region.
As the rapid pace of urbanization continues, one in four of the world’s largest cities face water stress. Meanwhile, over 600 million urban dwellers live without access to safe and sufficient drinking water. These challenges present opportunities for distributed solutions that harness the benefits of economies of scale in dense urban settings to improve affordability, reach and sustainability of drinking water services. From real-time water quality monitoring to small-scale water recycling systems, the Challenge aims to showcase entrepreneurs that can effectively marry innovative, readily localized technologies with scalable business models. The Challenge sources solutions across three primary themes: 1) Alternative Supply; 2) Distributed Access and Delivery; 3) Ecosystem Health.
Technology alone will not solve water scarcity. Nor will it ensure we achieve measurable progress towards Sustainable Development Goal 6 — Clean Water and Sanitation. But when combined with smart policy, adequate financing and good governance, there may be reason for optimism. Cities are already rising to the challenge. In China, a “Sponge Cities” initiative is bringing green infrastructure to some of the largest urban areas in the world. In cities as diverse as Windhoek, Namibia and Singapore, wastewater recycling for potable use continues to serve as a strategic pillar of the drinking water supply. Across the developing world, small-scale water purification businesses are reaching underserved urban communities while creating new entrepreneurial opportunities.
The hundreds of entrepreneurs who share their solutions with Imagine H2O show us what’s possible. Utilis detects leaking pipes by deploying the same satellite imagery technology used to find water on Mars. Fracta AI uses machine learning and artificial intelligence to help cities predict water main failure. Aquacycl, BioGill and Oxymem are pioneering technologies that will make distributed wastewater treatment more affordable and energy neutral. The Urban Drinking Water Challenge will put these kinds of innovations to work.
Join Imagine H2O as we re-imagine urban water solutions.
Imagine H2O’s Urban Drinking Water Innovation Series
On May 2nd, Imagine H2O and its Founding Challenge Partners, 11th Hour Racing and Bluewater Group, launched the 2018 Urban Drinking Water Scarcity Challenge to identify and deploy solutions in cities globally. Applications are due July 2nd, 2018 and the winners will be announced at a ceremony during World Water Week in Stockholm. As part of this initiative, we are publishing a series of entrepreneurial profiles and perspectives from Imagine H2O’s innovation ecosystem.
Other stories in this series: