The inaugural Imagine H2O Prize competition has opened for submissions. The competition offers prizes of $70,000 in cash and in-kind services, to be awarded to the business plans that promise the greatest breakthroughs in the efficient use and supply of water.

The Imagine H2O Prize is designed to encourage entrepreneurs, investors, inventors and academics around the world to address water challenges. This inaugural business plan competition focuses on solutions to improve water efficiency in agriculture, commercial, industrial or residential applications, such as water demand reduction, improved water use, water recycling and/or reuse.

Entries will be accepted from around the world beginning September 1 through November 16, 2009.  Winners will be announced at a showcase event in early 2010. The annual competition will feature a different water-related prize topic each year. Visit the website for more details.

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