Ofwat, the water regulator for England and Wales, has called on the FinTech and digital sectors to innovate for new solutions.
In Brief:
The organisation has a £120mn budget for innovative solutions for water challenges.
The Water Innovation Fund is looking for FinTechs to help solve water related problems.
FinTech can take part in its Water Breakthrough Challenge this autumn.
What does this mean?
The challenge is designed to drive “long lasting change and innovation” in the water sector and Ofwat plans to cast a wide net by looking to other industries for ideas.