News – Blog
Introducing the Water Breakthrough Challenge
25 March 2021
- Catherine Thompson
Today we’re excited to be officially announcing the Water Breakthrough Challenge to drive innovation and collaboration in the water industry. The Challenge will pump £40 million into the sector to drive wide scale transformational change.
Run by Ofwat and Challenge Works, supported by Arup, the Water Breakthrough Challenge is funded through Ofwat’s £200 million Innovation Fund, as part of the regulator’s goal to create an innovative and collaborative water sector that meets the needs of customers, society and the environment in the years to come.
The Breakthrough Challenge aims to encourage collaborative innovative initiatives that help tackle the biggest challenges facing the water and wastewater services, such as achieving net zero, protecting natural ecosystems and reducing leakage, as well as taking opportunities to use open data and deliver value to society. It’s for initiatives that water companies would otherwise be unable to invest in or explore – and may exist in other sectors of our economy or worldwide. This might include, for example: trialing new technology, commercial models, ways of working or business practices.
We will open the first stage for entries on 6 May 2021. Entries must be submitted by water companies in England and Wales. Water companies can enter the competition in partnership with organisations within and outside the water sector. This could include universities and institutes, start-ups, or small businesses in sectors such as energy, manufacturing, health, or financial services.
Successful entries from water companies will receive between £1 million and £10 million to support their initiatives. We may consider smaller value bids from small water companies, including NAVs.