Deadline: 31 July 2014
The University of North Carolina, The Water Institute has announced The Future Technologies for Water Competition of US$20,000 Grant Award. The competition is aimed at identifying breakthrough technologies for safe water with a sustainable business plan with wide-scale applicability.
- First Place – $15,000
- Second Place – $5000
The competition is joint program of Takata Corporation and The Water Institute. Takata Corporation, dedicated to protect human life, develops new safety technologies and makes it available globally. The Water Institute providing global academic leadership for economically, environmentally, socially and technically sustainable management of water, sanitation and hygiene for equitable health and human development, is committed to further innovation in sustainable water technologies. Takata Corporation is sponsoring the competition with the prize money.
- Applicant can be an individual or a team of two or more people. An individual cannot compete on two teams.
- The founding member of the team must have at least 25% ownership of the venture.
- Any faculty or staff teaching or working in the field of entrepreneurship at UNC’s Kenan-Flagler Business School or Environmental Sciences and Engineering at UNC’s Gillings School of Global Public Health cannot take part as competitor.
- Employee of Takata, individual directly related to a Takata employee, or already involved in Takata’s incubators are not eligible to participate in the competition.
- Venture should not have risen more than $10,000 in seed funding or “equity financing” other than from founding members are eligible to compete. This does not include grant funding or prize money from other competitions.
- The venture should have fewer than 10 paying customers and less than $25,000 in booked revenue.
- The venture must be operating for no more than 12 months.
For more information, please visit The Future Technologies for Water Competition.