Water Council Member is Named Finalist for Imagine H2O Prize

California based Imagine H2O announced that Water Council member PaveDrain, LLC is one of the finalists of its fourth annual Consumer Innovation competition. PaveDrain is competing for the Prize for Water Startups. Finalists will now advance to a second round where the businesses will compete for over $200,000 in cash and in-kind services. Final results will be announced in conjunction with World Water Day in March 2013.

Over 70 startup companies from 12 countries submitted entries to this year’s Consumer Innovation competition. “The global field represented a diverse range of personalized solutions to water challenges related to quality, efficiency and access in both developed and developing economies.”

Imagine H2O’s judging panel, which includes some of the water sector’s leading experts, based their selection of the finalists on market opportunity, customer value proposition, go-to market strategy, financial plan, and general quality of presentation and pitch.

PaveDrain logoPaveDrain was a finalist in the Early Revenue Track for its work in mitigating storm water through arched paving bricks. PaveDrain incorporates a Permeable Articulating Concrete Block/Mat (P-ACB/M) and arch design that can be filled with storm-water runoff while simultaneously providing strength for heavy vehicular loads. Its demonstrated ability in facilitating a natural infiltration path recharges local groundwater and reduces first flush pollutants.

“We are thrilled to be named a finalist in the Imagine H2O contest.” Said Doug Buch, President of PaveDrain. “The next 12 months are going to be very exciting, we have hundreds of projects scheduled to be designed with the PaveDrain System throughout the U.S. including commercial and municipal parking lots, alleyways, state owned Park-N-Rides, residential driveways, and even a portions of city streets.”

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About The Water Council

The Water Council, the only organization of its kind in the United States, was established in 2009 by Milwaukee-area businesses, education and government leaders. With more than 150 water technology companies in the Milwaukee area, the region’s water industry is a $10.5 billion dollar market and accounts for four percent of the world’s total water business. The non-profit organization is linking together global water technology companies, innovative water entrepreneurs, acclaimed academic research programs and, most importantly, some of the nation’s brightest and most energetic professionals. The Water Council is capturing the attention of the world and transforming the Milwaukee region into a World Water Hub for freshwater research, economic development and education. The Water Council is located in the Global Water Center at 247 W. Freshwater Way, Suite 500, Milwaukee, WI 53204.
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One Response to Water Council Member is Named Finalist for Imagine H2O Prize

  1. Pingback: PaveDrain LLC Wins Imagine H2O Prize | The Water Council Blog

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