Timing is everything. Through the JPMorgan Chase & Co. Small Business Forward Grant, The Water Council has created an Angel Investor Training in Water Technology program that provides investors with a chance to stay ahead of the game by connecting with ambitious and innovative entrepreneurs located within our water network. The training program provides the necessary resources to help inform angel investors of the economic opportunities within the growing water industry. From open accelerators to corporate accelerators, The Water Council has made great strides in fostering an environment for water entrepreneurship and continues to attract startups from around the world who embrace all aspects of water.
Early access to capital is crucial for innovation driven startups, but can be difficult to obtain. The Water Council’s Seed Fund will increase the capital available for early stage water technology companies. Among the first 26 recipients of the 2014 U.S. Economic Development Administration’s Regional Innovation Strategies (RIS) program grants, The Water Council received $71,625 to help channel funds to startups in need of seeding. RIS, is a new initiative designed to advance innovation and capacity-building activities in regions across the country through different grants including the Cluster Grants for Seed Capital Funds.
Buoyed by EDA funding and an additional $1 million from the Wisconsin Economic Development Corporation, The Water Council is developing a $5 million seed fund that will invest in promising water technology startups.
The BREW (Business Research Entrepreneurship in Wisconsin) Accelerator, launched in 2013, unleashes water innovation by funding water technology startups with commercialization potential. Our first-of-its-kind accelerator pairs a unique water-focused startup community with credible resources of the World Water Hub to help entrepreneurs from around the world accelerate results, inspire action to create further opportunity, and disrupt the status quo.