Imagine H2O, a national non-profit, hopes to inspire and empower people to solve water problems. Imagine H2O offers prize competitions and mentoring support to help innovators and entrepreneurs turn ideas into real-world solutions that ensure clean water and sanitation.
The inaugural Imagine H2O Prize Competition is accepting entries until November 16, 2009. The focus of this year’s competition is water efficiency — a timely topic considering that water scarcity is an urgent problem in the US and the world. Business plan entries may focus on the efficient use and supply of water in agriculture, commercial, industrial, or residential environments.
Participants will not only help solve a global issue, they will also receive assistance to bring their business idea to market. A total of $70,000 in cash prizes and in-kind services will be awarded, including legal, tax, and accounting services.
Imagine H2O’s incubator resources will provide winners with direct and ongoing assistance from leading water, business, and legal experts, including Cooley Godward Kronish LLP, PricewaterhouseCoopers, San Francisco Public Utilities Commission, and the National Water Research Institute, who will help entrepreneurs develop their winning ideas into products or services that have commercial potential and social value.