Grant News

Ofwat Announces ‘Open Access’ Competition for Ideas to Transform Water Services (England & Wales)

Ofwat, the economic regulator of water services in England and Wales, has announced an ‘open access’ competition for ideas to transform water services for customers, the environment and society.

Launching in early 2023, the competition will form part of the next phase of Ofwat’s Innovation Fund, to primarily target early-stage innovation.

Approximately £4 million in funding will be allocated annually, with up to £500,000 available for individual entries from innovators from any sector including fintechs, manufacturers, community groups or local government. Entries will need to align with one or more of Ofwat’s four innovation themes:

  • adapting to climate change and achieving net zero emissions;
  • protecting and enhancing the environment;
  • delivering long-term operational resilience;
  • improving the delivery of services for customers and society.

Further details will be made available in the autumn

20th July 2022