IVACE launches the “Accelerathon Water Challenges” to select the best wastewater specialized start-up initiative

The Accelerathon will be presented in the Webinar next Thursday, May 28th

Winners will be eligible for a European acceleration ticket to access EU funds, go international or access investment of up to 2 million euros per project

05/25/2020 Brussels. The Valencian Institute of Business Competitiveness (IVACE), in collaboration with the Metalworking, Furniture, Wood, Packing and Similar Technologic Institute (AIDIMME) and the Network of Technologic Institutes of the Valencian Community (REDIT), has launched the “Accelerathon Water Challenges” initiative; an open innovation competition on wastewater challenges: treatments, water reuse, energy and war materials with the institutional support of the European Commission’s Startup Europe.

The competition is open to Start-ups, universities, technological institutes, business associations, town halls, industrial parks, SMEs and entrepreneurs. Among all the challenges and solutions presented, the best proposal will be selected and then accelerated for presentation to the next LIFE Programme call.

Minister of Sustainable Economy, Productive Sectors, Trade and Work, Rafa Climent has remarked “the acknowledged role Ivace has in Europe and its activity in line with the objectives of sustainable development of the UN”

The initiative, which is coordinated by IVACE at national level on water, also takes advantage of the wealth of resources and knowledge of the European Interreg Europe TRIS Project in which IVACE and AIDIMME are taking part. The aim of this project is to share best practices on industrial symbiosis between European regions and to support public authorities and organisms in the efficient use of resources and the competitiveness of their SMEs through the improvement of regional policies.

In this regard, Climent has shown that “Accelerathon Water Challenges” responds to the 6th United Nations Sustainable Development Goal which points to the need to have clean water, residue-free and that can reuse and recovered”.

On the other hand, Fernando Saludes, president of REDIT and AIDIMME has said that “these initiatives are really interesting as they allow us, on the basis of certain definedchallenges, to propose creative solutions and provide different approaches that will enable us to make progress in improving a process as important as water treatment”.

Webinar presentation on Thursday, May 28th

In order to explain all the details, IVACE has organized a Webinar presentation next Thursday, May 28th at 18:00 (CET).

Webinar registration: https://finnova.typeform.com/to/xvsJPI

The competition aims to identify innovative solutions and environmental sub-challenges on water defined by companies, town halls and entities.

From there, several multidisciplinary teams will be formed to design projects on advanced treatments, water, energy and raw materials recovery from wastewater, giving possible solutions to the global challenge launched at the Accelerathon.

Winners will be eligible for a “European Accelerathon ticket” that will allow then to access networking initiatives, reach international markets, contact potential investors or successfully apply for European Union grants for pilot demonstrations projects of up to 2 million euros in the Valencian Community.

It is organized by IVACE and Startup Europe Accelerator of the Finnova Foundation, in collaboration with SEIMED, REDIT and AIDIMME with the institutional support of the European Commission within the framework of the Water Startup Europe Awards.