A Madison company is one of three winners of a national competition for water-related entrepreneurs.
Nutrient Recovery and Upcycling has developed new technology to recover phosphates from wastewater and turn them into a mineral that’s “highly valuable” for use in fertilizer, said president Menachem Tabanpour.
It’s the only Wisconsin company chosen of the 29 entries in the Pow! emPowering Opportunities in Water competition, sponsored by Veolia, a water and wastewater services company based in Paris; The Water Council, Milwaukee; and the Wisconsin Economic Development Corp.
Winners will participate in a 12-month mentorship program through The Water Council’s BREW accelerator and will get a total of $40,000 cash from the contest sponsors.
Tabanpour said it’s encouraging “to be recognized by one of the largest water companies in the world as having valuable technology … It’s real exciting to see the possibilities.”