There is £2 million available to fund innovative projects, depending on the quality of entries submitted. Entrants should bid for between £50,000 to £250,000 per entry. In exceptional circumstances, the judging panel may recommend that more than £2 million is awarded from the Innovation Fund. The primary objective of the first IWC is to encourage new ways of working that go beyond business-as-usual innovation practices in the water sector, in particular, increasing and improving collaboration and building partnerships from within and outside the water sector. They’re looking for all types of projects – be they technology, culture, business practices, commercial models or something else. Initiatives can be at any stage, as can the technologies, practices and models that you may use within them. The IWC is a chance for you to create new initiatives and partnerships that you’ve never previously found the opportunity to explore. We have assembled a panel of expert judges to help Ofwat select a diverse portfolio of promising innovations to receive funding.
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