EcoWa receives EXIST start-up grant and wins competition
The team around the EcoWa project has developed an innovative solution for solar-based water desalination and treatment. The green solution enables access to clean water independent of location and grid-network, which is more efficient and cheaper than existing products. Josef Schütz and Farzaneh Ahmadloo work on that project at the Chair of Technology Management.
Their EcoWa project has now taken an important step towards setting up a company: EcoWa will be supported from April onwards by the Federal Ministry of Economic Affairs and Energy and the European Social Fund as part of the EXIST start-up grant.
The program enables those planning to set up a business, to concentrate exclusively on the economic implementation of the start-up idea for a period of twelve months. It is thus a direct continuation of the previous FLÜGGE funding, which supported the project at the Chair of Technology Management. In order to guarantee the technical implementation, the project is located within the framework of EXIST at the Institute of Separation Science & Technology (Prof. Dr. Thommes). Alexander Brem will continue to support the prospective start-up company as a mentor in its business implementation.
In addition, EcoWa won the first round of the Northern Bavaria Business Plan Competition. As one of ten teams, the business plan prevailed among more than 80 submissions.