Wellntel has been named a finalist in the fifth annual Imagine H2O Global Water Start-Up Competition.
Imagine H2O is a nonprofit organization that supports market-based solutions to water challenges. This year’s contest is designed to accelerate promising water innovations for the food and agriculture sectors, something Wellntel can and will do, by connecting groundwater resource information to food and agriculture production for farmers and AG businesses, in novel and useful ways.
Wellntel was chosen as one of six finalists in the Early-Stage Track in the fifth annual business innovation competition. As a finalist, Wellntel will become a member of the Imagine H2O Accelerator, which includes access to beta customers and pilot partners as well as the opportunity to compete for more than $200,000 in cash and in-kind services. More than 70 start-ups from 11 countries submitted entries in this year’s Food and Agriculture themed competition. ImagineH20’s competition has an impressive track record, with prior winners and finalists together accounting for $1 of every $10 of early stage financing in the water sector.
Wellntel is a Shorewood, Wisconsin based water technology company that designs simple technologies to help people learn about and care for their groundwater.
Next, members of the Wellntel team, in partnership with global water leaders as mentors, will prepare for the Imagine H20 2014 showcase, which will be held in San Francisco in March of 2014, where winners will be announced.
More news here: http://www.sacbee.com/2014/01/08/6056965/imagine-h2o-names-finalists-in.html
The Milwaukee Journal-Sentinel has also picked up the story: http://www.jsonline.com/business/shorewood-company-advances-in-water-start-up-contest-b99181402z1-239620941.html