The article below talks about the NEW consortium, which has received €8 million from the Dutch government in order to increase water technology research and development in the Northern Netherlands. At RUG Ventures we are proud to announce that these developments were partly made possible because of our investment and we are excited to see in what ways the water technology ecosystem will improve in the years to come. Read the full article to know more! 

A consortium, consisting of Wetsus, University of Groningen, Deltares and NOM receives €8 million to faster translate water technology research results into society and the economy. This will accelerate the transition towards a more circular, sustainable and climate neutral economy.

The Netherlands Enabling Watertechnology (NEW) consortium stimulates startups and other entrepreneurship initiatives in water technology: water treatment, reuse of water and raw materials, production and storage of energy from water and smart management of the water system are the main topics.
NEW has two pillars: knowledge transfer and an investment fund. Promising initiatives are scouted, guided in the valorization process and after selection nominated for a review by the NEW-fund.  Without the financial support, a lot of good ideas may not make it to the market.

The NEW consortium is one of three consortia to receive €8 million, was announced by the Dutch ministry of Education, Culture and Science and the Dutch ministry of Economic Affairs and Climate Policy.

Source: https://www.wetsus.nl/news/e-8-million-for-consortium-enabling-water-technology/