The UK water industry will see an investment of up to £4 million in studies, research and development projects to encourage innovation in the industry.
The investment aims to support “step-change innovations” that will help tackle future UK and overseas water security challenges. This could be a product, process, service or business that has the potential to save or make 1,000 litres a day of water available to use within a defined global market.
A sum of up to £1 million is up for feasibility projects, up to £2.5 million for collaborative research and development projects (R&D) and a further £500,000 for feasibility and collaborative R&D projects incorporating a space-related solution.
The competition hopes to help UK supply chain companies improve their access to global water markets. Applications can be sent from 19 March and the funding will close in May 2012.