NV: $1.8 Million GOED Investment in WaterStart Supports Development of Water Technologies | Trade and Industry Development

NV: $1.8 Million GOED Investment in WaterStart Supports Development of Water Technologies

May 23, 2025
Investment will substantially strengthen the NSF Futures Engine in the Southwest, enhancing economic growth and job creation.

The Nevada Governor’s Office of Economic Development (GOED) is leveraging federal and state dollars to invest $1.8 million into WaterStart, a Nevada-based nonprofit organization that assists innovative water technology companies and startups with developing, commercializing, and deploying technology more rapidly throughout Nevada and across the globe.

“This investment into WaterStart demonstrates GOED’s commitment to fostering the development of water technology solutions to tackle one of the most pressing challenges in our state,” said Karsten Heise, senior director of strategic programs and innovation at GOED. “WaterStart will attract startups, tech entrepreneurs and highly innovative companies in this sector to Nevada and the Southwest, which is going to enhance place-based innovation, collaboration among stakeholders, and will lead to increased regional economic growth.”

Established in 2013 by GOED and Nevada’s nonprofit environmental research institute, DRI, to drive economic growth in Nevada, WaterStart has since evolved into a global hub connecting cutting-edge water technology companies with utilities around the world. Since 2015, it has invested $4.6 million in 50 pilot projects, accelerating the deployment of innovative solutions — over 70% of which have been successfully adopted by water utilities.

"This partnership is an incredible opportunity for WaterStart to strengthen our ties with the Governor’s Office of Economic Development, while welcoming new partners into our network,” said Rebecca Shanahan, executive director of WaterStart. “It’s also a return to our roots — advancing economic development in Nevada through the commercialization of innovative water technologies. Nevada’s global reputation as a pioneer in water innovation makes it the ideal place to drive this mission forward."

Key outcomes of this investment for Nevada include accelerating technology readiness levels and attracting risk capital while supporting entrepreneurship. This will also lead to the creation of a statewide water-efficient economy and building a skilled workforce in the water sector.

“Water users in Southern Nevada directly benefit from the innovative technologies that WaterStart brings to Nevada,” said Dave Johnson, Southern Nevada Water Authority deputy general manager. “From leak detection and treatment technologies to pressure analyzers and real-time water quality monitoring, SNWA’s partnership with WaterStart helps ensure efficient, reliable water delivery through leading-edge technology and innovation.”

GOED’s investment will also substantially strengthen Nevada’s involvement with the NSF Futures Engine in the Southwest (formerly Southwest Sustainability Innovation Engine, SWSIE), led by Arizona State University. The Futures Engine is one of ten Engines supported by the National Science Foundation’s Regional Innovation Engines program dedicated to advancing transdisciplinary, collaborative, use-inspired and translational research and technology development. Nevada is benefiting from this inaugural award through the participation of DRI, the University of Nevada, Las Vegas, GOED, Southern Nevada Water Authority and other stakeholders.

“We aim to lead the world in water innovation, and investments from the NSF and GOED are clear commitments to that mission,” said Brian Sherman, CEO of the Futures Engine. “Though water scarcity is a top concern in our region, it doesn’t have to be a barrier to economic prosperity when our research institutions, federal, state and local government, and utilities work together to advance startups and innovators in water technology. In fact, these collaborations unlock global opportunities and new avenues for prosperity, and that’s what the Futures Engine and partners like WaterStart are helping build and accelerate in the Southwest.”

“It is great to see this investment into WaterStart, which brings experience and home-grown knowledge of water challenges in Nevada and the Southwest along with global reach to bring technologies to the region for testing in real-world conditions,” said Dr. Sean McKenna, executive director of the Division of Hydrologic Sciences at DRI. “As one of the four research institutions in the Futures Engine, DRI is focused on water innovations, and our scientists look forward to working even more closely with WaterStart.”

GOED’s WaterStart investment will utilize support from both the American Rescue Plan as well as the Nevada Knowledge Fund and builds upon the 2023 grant GOED received from the Governor’s Finance Office under the American Rescue Plan Act for the preliminary development of a waterwise economic framework designed to align water resource incentives with economic growth. This initiative aims to tackle water management challenges and incentivize water-efficient practices in Nevada's thriving economy, creating a synergy between water sustainability and economic prosperity.