WaterTAP in the News

Why investors need to pay more attention to the water tech industry

A month ago, prime minister Justin Trudeau announced that the Canadian government was dedicating $12 million to water tech projects that bring both industry enterprises and academic researchers together.

As the United Nations warns of serious water scarcity within the next fifteen years, innovative cleantech startups have the potential to be a major part of alleviating the issue, while governments, inevitably, make policy changes.

But as provincial governments can dedicate $22.75 million for small and medium-sized businesses, in comparison to Trudeau’s announcement of $12 million, it’s fair to wonder whether we’re taking the importance of water tech seriously. The water treatment and distribution market is worth $589 billion a year.

Why Investors Need to Pay More Attention to the Water Tech Industry BetaKit