Water Council receives grant from JPMorgan Chase

Freeman Staff

August 25, 2014

MILWAUKEE — Global financial firm JPMorgan Chase & Co. announced plans Monday to provide a $225,000 grant to The Water Council to help the organization find water technology investors.

“The support from JPMorgan Chase & Co. will build upon the tremendous assistance that we have received from the Wisconsin Economic Development Corporation and help position The Water Council as a critical resource when global investors are seeking opportunities to be associated with small water technology businesses,” said Dean Amhaus, president and CEO of The Water Council.

The Water Council was established in 2009 as a nonprofit organization by business, government and education leaders in order to bring together the region’s existing water companies and research clusters, develop educational programs to train the next generation, and build partnerships across industries and geographic boundaries.

The Water Council said it plans to use the grant to identify national and international firms that would be open to explore water technology investments, develop water investment training materials and conduct initial investor meetings with entrepreneurs.

Over the next five years, JPMorgan Chase & Co. says it will provide $30 million in grants to support small business clusters throughout the nation that aid in growing certain industries.