Imagine H2O Envisions New Water Innovations

Nineteen percent of California’s electricity and 30 percent of the state’s natural gas goes to treating and moving water, according to the California’s Energy Commission, and demand for clean water is growing around the globe. But the high barriers that exist for companies to turn water solutions into profitable businesses have kept many companies out of the market.

Imagine H2O is a nonprofit organization that was created to address that problem by helping startups more easily bring their water innovations into the mainstream. “We were founded in 2008 on the principal belief that there is a market failure in the sector,” said Scott Bryan, director of operations at Imagine H2O. “We want to inspire people to take water challenges and turn them into an opportunity.”

Imagine H20 wastewater competition

image via Imagine H20

The organization hosts annual prize and accelerator competitions where companies enter their business plans and pitch their water ideas to investors and industry leaders. In return, they get feedback and coaching, exposure to industry leaders and access to investors and stakeholders. Winners also receive $200,000 in prize money along with an array of in-kind business services.

While this type of model is nothing new in cleantech competitions, Bryan said what sets ImagineH2O apart is their singularity. “We are the only ones focused specifically on water,” he said. “What we try to do with this program is make it unique to water and unique to water challenges.”

Kristy Hessman is a writer and native Oregonian who currently resides in California. Before starting her own company, she worked as a reporter covering business and politics for daily newspapers and The Associated Press.

    • Goinggreen4green

      what are the dates for the award show?

      • Doesn’t appear to have been announced yet — “On or about March 8 in San Francisco” according to the competition documents. I would suggest checking in with Imagine H20, either on through their web page or Facebook page.