HCL Group, UpLink Launch Water Challenge
Analysis based on 6 articles · First reported Apr 22, 2026 · Last updated Apr 23, 2026
The launch of the 'Transforming Water Systems' challenge by HCL Group, UpLink, and the World Economic Forum is expected to stimulate innovation in water management, potentially benefiting companies involved in water technology and environmental solutions. The CHF 15 million commitment and focus on systemic risks in water systems could lead to new market opportunities and improved resource efficiency across various industries.
HCL Group, in partnership with UpLink and the World Economic Forum, has launched the fifth global challenge under the Aquapreneur Innovation Initiative, titled 'Transforming Water Systems'. This five-year, CHF 15 million collaboration aims to build a global innovation ecosystem for freshwater solutions. The challenge, open for applications from April 22 to June 4, 2026, seeks innovations to improve reliability, efficiency, and decision-making across water systems, focusing on ensuring water supply reliability, redesigning water-intensive industrial and digital processes, and enhancing water system intelligence. The top 10 winners will receive a total financial award of CHF 1.75 million, along with mentorship, global visibility, and access to industry leaders. Sundar Mahalingam of HCL Group and John Dutton of UpLink emphasized the critical need for these innovations due to increasing pressure on water systems from climate variability and industrial demand.
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