Australian Centre for Water
and Environmental Biotechnology

UQ wastewater innovation vies for international water prize

Tuesday, 13 March 2012

The UQ based start-up company, Bilexys Pty Ltd, has been announced as a finalist in the US$200,000 Imagine H20 2011 Prize for Water Start-ups, which encourages entrepreneurs to develop business opportunities from water challenges.

UQ's main commercialisation company, UniQuest, formed Bilexys, to commercialise an innovative technology developed at the Advanced Water Management Centre (AWMC).

Bilexys approaches wastewater treatment as an opportunity to biologically convert the organics within wastewater into high-value chemical products, including sodium hydroxide and hydrogen peroxide. Chemicals produced by the Bilexys method are potentially less expensive and have a lower CO2 footprint relative to traditional chemical manufacturing techniques, providing a significant economic and environmental driver for the commercialisation and industrial adoption of the technology.

As a finalist, Bilexys will receive technical and financial mentorship from Imagine H2O prior to making a final presentation to the judging panel this month.

Bilexys is one of only two Australian and non-US-based finalists in the Pre-revenue Track (total equity and convertible equity investment to date under US$1.5 million). The winners from a short-list of nine finalists will be announced at a showcase event on March 20.