Irish firm OxyMem to participate in third year of US water industry accelerator programme
30 June 2015
Ireland’s intensive wastewater treatment company OxyMem has been named by the US Water Council as one of the 2015 participants of the BREW accelerator programme at the annual Water Summit in Milwaukee, USA.
The Water Council and guest of honour Wisconsin Governor Scott Walker announced the Batch 3 winners of the BREW accelerator programme during a special ceremony at the eighth annual Water Summit.
With its debut in 2013, the BREW (Business Research Entrepreneurship in Wisconsin) is the world’s first place-based seed accelerator focused on solving global freshwater challenges with innovative start-ups producing cutting-edge technology. The BREW was created by the Water Council and the Wisconsin Economic Development Corporation (WEDC), a demonstration of Wisconsin’s reputation as a global epicentre for water-related research and industry and international model for public/private partnerships.
After a comprehensive application and judging process, six entrepreneurs and their respective businesses were chosen to participate in the third year of the accelerator programme, including OxyMem – the only Irish company to be chosen.
Speaking at the event, OxyMem CEO Wayne Byrne said: “It is a real privilege to be recognised among a cohort of such talented people and promising technologies. We have been looking at making an entrance to the United States and this opportunity is exactly how we had imagined doing it.”
This year, chosen start-ups with commercialisation potential receive up to $50,000 in investments, subsidised space in the Global Water Center, training through the University of Wisconsin-Whitewater Institute for Water Business, mentorship from dozens of area water technology experts, and much more throughout the year.
The BREW’s goal is to unleash unique water technology start-ups, expand Milwaukee’s global water hub, and create new opportunities in the global water industry. The BREW is moving Wisconsin Forward by brewing up water technology start-ups working to address world-wide water issues.
OxyMem is a breakthrough technology for secondary wastewater treatment. It can achieve incredibly high oxygen transfer rates (up to 95 per cent) resulting in superior energy performance, lower sludge production, using less operator hours. OxyMem solves OPEX intensive wastewater treatment with the Membrane Aerated Biofilm Reactor (MABR). For more information, visit www.oxymem.com