WEST PALM BEACH, Fla., March 22, 2017 (GLOBE NEWSWIRE) -- The Everglades Foundation today announced The Scotts Miracle-Gro Foundation as the presenting sponsor of The George Barley Water Prize, the world's largest water prize offering $10 million to the person or team that develops the most cost-effective technology to remove phosphorus from freshwater bodies.
foundation logo.jpg
everglades logo.jpg

Together through the Barley Prize, the organizations will combat the issue of harmful algal blooms caused by excess phosphorus, which threatens the health of the Everglades and countless other freshwater bodies.

"Nutrient pollution, especially from phosphorus, is a significant and growing crisis that must be solved," said Jim King, president of The Scotts Miracle-Gro Foundation. "Our company is proud that we became the largest fertilizer manufacturer in the world to remove phosphorus from our fertilizer products, a step we took in 2011. But we knew then, as we still do today, that our decision would have little impact on eliminating harmful algal blooms that continue to plague freshwater bodies around the world. The decision by our Foundation to announce the sponsorship of the George Barley Water Prize on World Water Day is the first step of a multi-year commitment to elevate public awareness of this issue and celebrate the innovation that will help solve it."

To date, the Barley Prize has attracted more than 100 teams - a community of innovators, scientists and entrepreneurs - from 13 countries. Currently in Stage 1 of four stages, the grand prize will support innovative and cost-effective technologies that will benefit more than 100,000 miles of rivers and streams and close to 2.5 million acres of lakes, reservoirs and ponds. 

If you liked this article you might like

Navigating Strong Crosscurrents: Cramer's 'Mad Money' Recap (Tuesday 6/13/17)

Cramer: A Funny Thing Happened on the Way to the Selloff

Launch of Cannabis ETF May Not Be Best Option for Investors

Market Recon: The Fear Gauge Is So Tiny, It's Adorable