Ofwat Innovation Fund Competition

The innovation competitions

Through the Fund, Ofwat are delivering a series of innovation competitions that water companies, in partnerships with others, can enter. We expect different rounds of the competitions to run until 2025, and Ofwat are currently consulting on a proposal to continue the Fund until 2030, but our goal is that the Innovation Fund’s impact will continue well beyond even this.

The next round of the competition is due to launch on 3 October 2022, and this time a new open access competition has been announced, which opens up a pot of funding that anyone can apply to for early-stage innovation ideas. The new competition can be accessed by anyone in the industry and bids can be submitted without a lead water company. The Catalyst stream has slightly more flexibility allowing the drafting of the bid and project management to be run by partners, but must be submitted by a water company.

Below is a quick introduction to each topic that will be covered. They’re standalone sessions, so attendees can join for as many sessions as they like.

7 September 2022, 12-1pm: Competition Insight

Join us to gain insight into the previous rounds of the fund competition and which projects have been successful. We’ll also look forward to the future rounds of the competition and discuss how you can get involved.

12 September 2022, 12-1pm: How we can support you

This session will cover not only how the water industry is supporting the competition, but also how we can support you, our value chain, through our Shop Window and the Water Innovation Network.

19 September 2022, 12-1pm: Think beyond the bid

While winning the bid is an exciting part, what happens afterwards is where it really gets interesting! Our final session in the series will focus on what happens once the projects’ wheels are in motion. We’ll showcase two of our successful bids and talk around mobilisation and delivery.

Each session will be hosted by a range of our colleagues and partners who have a huge amount of knowledge and experience in working with the fund. We’ve made sure that there is allocated time for Q&A throughout the series with our subject matter experts to make sure the sessions are as valuable as possible for everyone who attends.

 

 

Ofwat Innovation Fund explorer series –September 2022

Click here to register your place and find out more about the series.

Ofwat Innovation Fund – Ofwat Innovation Fund (challenges.org)