The Village Capital Water: U.S. 2015 Accelerator Program will support entrepreneurs addressing water insecurity issues through technology for the benefit of all individuals in the US and around the world. MLI will be one of the 12 companies to participate in this accelerator program in 2015.
Water insecurity is a major problem around the world, including the United States. According to the World Health Organization and UNICEF, 750 million people lack access to clean water (about 2.5 times the US population). In the United States, the 2014 drought affected areas that produce one-third of US cattle and half our fruit, vegetables, and winter wheat. In addition, water used for irrigation and food production constitutes one of the greatest pressures on freshwater resources, and 2.5 billion gallons of water are contaminated each day because of oil and gas production in the US. This is the same amount of water that people consume worldwide.
Through this program, MLI aims to gain better insight into the filtration and water treatment industry.