SwansonReed - a global tax incentives advisory firm - has partnered with AccelerateH2O to advise partners, clients, members and consortia on eligibility for Federal and State R&D Tax Credits  - including credits and incentives for participating in our Innovative Demonstration Hubs, Investors Forum, and Grand Challenges. Simply, your organization, firms, and/or team members may be eligible for immediate tax credits by partnering with AccelerateH2O!

HOW IMPERATIVE IS WATER INNOVATION?

Undeniably, water is indispensable to life and the nation’s social, economic, and environmental well-being. For more than a century the United States’ h20 system has been one of the most reliable in the world. Today, it provides sufficient water to support over 315 million people, almost 55 million acres of irrigated farmland, and a $16 trillion economy. Yet the sector faces increasing pressures.

In particular, growth in population and the economy, along with urbanization and land-use changes, are threatening both water quality and the ability to meet demand. Looking to the future, climate change is expected to further stress water-systems in large parts of the country. In fact, according to the United Nations, 1.8 billion people will live in regions that face “absolute water scarcity” by 2025.

Solutions to the country’s growing water challenges lie, in part, with the development and adoption of new innovative technologies. The importance of water-related innovations has been realized by policy makers in recent years and is evident by its increasing inclusion in policy and research agendas and international discourse. As a result, federal and state research & development (R&D) tax credits are available to support the commercialization of advanced water technologies and potentially solve the growing worldwide crisis.

Indeed, innovative technologies will provide a partial solution to problem. The biggest challenge for both researchers and businesses trying to bring innovations to market lay in funding their projects. Making use of both federal and state R&D tax credits can help innovations come to market and address the water shortages the United States faces both now and in the future. Therefore, in order to further boost innovation in this vital sector, Swanson Reed has partnered with AccelerateH20 to assist companies with accessing the benefits of state and federal based tax incentives. Within the water industry, the federal and Texas state R&D Tax Credit laws apply to businesses that are performing eligible R&D activities, including participation in AccelerateH2O organized pilots and demonstration.

By Eloise Hewson

 Posted April 5, 2016 

THE IMPORTANCE OF WATER SUPPLY INNOVATION

As the global population marches towards 9 billion by 2050 and land and water resources decline, never has the task of producing more from less been more imperative. The data on water scarcity continues to be sobering, and shortages increasingly are linked to both natural and human-made causes. By 2025, 1.8 billion people will live in regions that face “absolute water scarcity,” reports the United Nations. Essentially, these figures reveal that the role of innovation related to natural resources will no doubt become more paramount in the following years.

In combatting the issue of a growing population and declining resources, Texas, despite rising oil prices, is finding growth in other industries. To be specific, the State of Texas’ economy has an undiscovered $9 billion water and water technology cluster of jobs, businesses, and assets – and it’s mounting. In fact, Texas observed a 19-percent job increase from 2005 to 2015 in water-related jobs. By 2025, the total amount of forecasted jobs in water-related professions is 1,168,320, which constitutes a 35-percent job availability jump from the years 2015 to 2025.

Thus, given the aging infrastructure and climatic pressures on water, the future of water security relies on major innovation in technology, design and approach. Now, more than ever, it is critical to support, promote and cultivate innovation if we are to increase efficiencies, improve practices and withstand any water challenges that comes our way.

In order to further boost innovation in this growing sector, Swanson Reed has partnered with AccelerateH20. Swanson Reed is a global R&D (research & development) tax credit consulting firm, who can help you achieve tax benefits for innovative activities. The Federal and Texas State R&D Tax Credit laws apply to businesses in the water industry that are performing eligible R&D activities, including participation in AccelerateH2O organized pilots and demonstration.

By Eloise Hewson

 Posted February 28, 2016

TEXAS DELIVERS INNOVATIVE WATER TECHNOLOGY HUBS

Texas, whilst renowned for oil, football and barbecues, actually has a lucrative, untapped water market. To be precise, the State of Texas’ economy has an undiscovered $9 billion water and water technology cluster of jobs, businesses, and assets – and it’s mounting. In fact, Texas observed a 19-percent job increase from 2005 to 2015 in water-related jobs. By 2025, the total amount of forecasted jobs in water-related professions is 1,168,320, which constitutes a 35-percent job availability jump from the years 2015 to 2025.

In light of this, AccelerateH20 is a Texas-based entity created to identify, promote and invest in new and existing technologies with potential to fill demands in Texas’ $9-billion water technology market. The non-for-profit company aims to promote effective future water strategies for the state’s residential, industrial, agricultural and utility end users. Most recently, AccelerateH2O launched  the first of seven  proposed regional innovative demonstration hubs to test, evaluate, and streamline next generation water technologies. Essentially, these demo hubs will host another company on their site to trial new innovative water technologies. Hence, smaller companies or start-ups will have access to professional services to conduct testing and evaluation under health and safety compliances. Moreover, the hubs will allow companies to access large-scale facilities and millions of gallons of water to enhance engineering review.

Ultimately, the demo hubs aim to connect the market to resources, assets and ideas by tackling barriers and limitations to innovating water in Texas. The demo hubs are predicted to act as a showcase for knowledge sharing among end-users, technology firms, academic researchers and the general Texas marketplace.

In order to further boost innovation, Swanson Reed has partnered with AccelerateH20. Swanson Reed is a global R&D (research & development) tax credit consulting firm, who can help you achieve tax benefits for innovative activities. The Federal and Texas State R&D Tax Credit laws apply to businesses in the water industry that are performing eligible R&D activities, including participation in AccelerateH2O organized pilots and demonstration.

Swanson Reed provides AccelerateH2O partners, technology firms, investors and underwriters with;

  • No-Cost feasibility assessment to determine the financial benefit of claiming earned tax credits for qualifying research, development and demonstration activities.

  • Sourced grants, incentives, and funding opportunities for water technology innovation.

  • Calculated R&D tax credits, technical briefs to substantiate claims, and a finalization pack for your tax accountant to file with the IRS tax returns at a discounted Network rate.

  • Advice on the structure of projects and programs to achieve maximum benefit of all federal and state tax credits and incentives.

By Eloise Hewson

© 2018-2020 ResilientH2O Partners

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