Advancing Data Innovation in the Water Industry
Published on by Water Network Research, Official research team of The Water Network in Business
Imagine H2O Program Advancing Data Innovation in the Water Industry
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.
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Taxonomy
- Technology
- Solutions
- Water Management