Ofwat launches £4m competition for innovations from outside the water industry
- by Karma Loveday
- Jan 29, 2023
- 1 min read
Ofwat has launched a new third strand of its innovation fund: the Water Discovery Challenge, which is for innovators from outside of the English and Welsh industry.
The £4m fund offers up to 20 innovators £50,000 to develop their ideas and expert mentoring from water companies. Up to ten of these will go on to win a further £450,000 to turn their ideas into pilots.
The Water Discovery Challenge was opened to entries last week, and the launch webinar attracted around 400 registrants. It runs until 5 April. Ofwat said it is looking for "bold and ingenious innovation that can help solve the biggest challenges facing the water sector today and in the future”.
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