Finalists for 2019 Urban Water Challenge Announced
Thursday, August 15, 2019 10:36 AM
Imagine H2O and Founding Partners 11th Hour Racingand Bluewater today announced the 2019 finalists of the Urban Water Challenge, a global deployment program for entrepreneurs reimagining a water-resilient future. More than 220 startups from 38 countries applied to the Challenge, representing a diverse range of innovative solutions to the global water crisis -- from on-site pollution control to off-grid safe drinking water supply. Imagine H2O’s Evaluation Committee selected six businesses from five different countries to be honored at World Water Week in Stockholm.
The Challenge finalists were evaluated by a panel of industry experts on the basis of commercial viability, market readiness and impact. “It was a privilege to be part of the Evaluation Committee, and I commend all the applicants for their tireless efforts to address water challenges around the world,” said Michelle Carnevale, Grants Program Director, 11th Hour Racing. “We are thrilled to put a spotlight on the Challenge finalists and their innovative solutions to advancing the UN Sustainable Goals as part of 11th Hour Racing’s commitment to protecting the environment through innovation.”
The Challenge’s Founding Partners committed $500,000 in cash awards and pilot funding to allow finalists to validate and scale their winning solutions with fast-growing urban communities globally. Each finalist will showcase their solutions at World Water Week in Stockholm on August 25-30, 2019. Two winners from the cohort will be announced during the Challenge’s Award Ceremony hosted by Bluewater and 11th Hour Racing on August 26 and will be eligible for additional pilot funding awards.
“With a quarter of the world’s population of 7.7 billion wondering where their next drink of water is coming from, the planet already is coping with a water crisis,” said Anders Jacobson, President, Bluewater. “It will only get worse as the UN projects that global demand will exceed supply by 40 percent in 2030. We are excited about the innovative solutions that have been developed by the finalists of our second annual Urban Water Challenge. This group of global entrepreneurs shows what is possible for a water-secure future.”