Bridging the Gap: The Freshwater Innovation Fund by Cleveland Water Alliance

April 2, 2024
Bryan Stubbs

Bridging the Gap: The Freshwater Innovation Fund by Cleveland Water Alliance

At Cleveland Water Alliance (CWA), we are at the forefront of connecting innovation with opportunity, understanding that the journey from a groundbreaking idea to a market-driven solution is often fraught with challenges. We are excited to introduce the Freshwater Innovation Fund, a pivotal development in our ongoing mission to bridge the critical gap between innovative water technologies and the funding necessary to bring them to market.

CWA's Role in Fostering Innovation through Investment

The Freshwater Innovation Fund aims to raise between $2.5M and $25M, targeting investments in 9-18 companies. Each selected innovator in the water technology sector stands to receive funding ranging from $250,000 to $500,000. This strategic initiative is more than just a fund; it's a commitment to advancing the technologies that we, at CWA, get a first look at. Our role is to ensure these innovations are not just visionary but viable, meeting the urgent, market-driven needs and challenges that face our global water resources today.

The Ecosystem Approach: CWA's Secret Sauce

CWA's unique position allows us to serve as a conduit between cutting-edge innovation and the critical investments needed to scale these solutions. By leveraging our extensive network and resources, we are able to support our portfolio companies beyond the financial—offering access to our testbed infrastructure, strategic partnerships, and business support services. This ecosystem approach is CWA's "secret sauce," enabling us to break down silos and foster collaboration across sectors.

Accelerating Global Water Solutions

Our dedication to advancing water technology innovation is about more than just funding. It's about creating a platform for sustainable, impactful solutions to the world's most pressing water challenges. The Freshwater Innovation Fund is a testament to our belief that connecting all the dots—from innovators to investors, from market needs to scalable solutions—can accelerate the pace of innovation and bring critical solutions to water issues around the globe.

The launch of the Freshwater Innovation Fund marks a significant milestone in our journey. As we invite accredited investors to join us, we're not just offering an investment opportunity; we're inviting partners to be a part of a movement. A movement that promises to advance and accelerate the development of technologies that can make a real difference in addressing the water challenges of today and tomorrow. Together, we can turn the tide, transforming water technology innovation into tangible, impactful solutions.

Bryan Stubbs
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Bryan Stubbs

Author Bio

Bryan Stubbs is the Executive Director & President of Cleveland Water Alliance

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