Lt. Governor Newsom, Singularity University, Announce Winners of Drought Solutions Competition
California Lieutenant Governor Gavin Newsom and Singularity University announced the three winning teams selected to be Entrepreneurs in Residence at the SU Startup Labs for their proposed technological solutions to address California's water supply challenge.
Six finalists were selected to present their proposals before fifteen expert judges. In addition to a $5,000 grant, the three winning teams will serve as Entrepreneurs in Residence. They will have the opportunity to interact with the university's community and gain access to a valuable network of technological expertise and other potential financial support towards the goal of solving California's water supply challenge.
The Drought Impact Challenge, launched in July 2015 by Lt. Governor Newsom and Singularity University, invited entrepreneurs from around the globe to present innovative drought solutions where competitors will be judged on the use of exponential technology, technical feasibility and rigor, innovation, market viability, salability, and design and utility functionality.