• Nine global projects selected as finalists in social-impact program
• Aguas de Valencia, Pangea, Impact Hub Madrid, IE Business School sponsors
A social entrepreneurship program supported by Aguas de Valencia and Madrid-based technology and entrepreneurship programs has selected nine finalist projects from Austria, Botswana, Spain, the United States, Holland, Mexico, Panama and South Africa designed to provide solutions to water supply and purification problems worldwide.
The “H2o Challenge” program, created by Aguas de Valencia group with the support of Madrid’s IE Business School, social entrepreneurship program Pangea and incubator Impact Hub Madrid, received 45 entries after putting out a global call in June 2015 for projects designed to address the scarcity of water in the world and to help develop new business models that optimize the management and supply of water resources to communities in need.
The nine finalist projects presented a variety of innovative approaches to delivering increased efficiency in the removal of pollutants, prevention of water loss in toilets, maintaining water purity and management of operational and business risks associated with supplying water to communities.
The finalists will present their projects in Madrid on Dec. 4th, when the social entrepreneurship program hopes to connect the finalists with public and private investors interested in funding global infrastructure projects that carry social impact.