BrighTap, an Israeli-made smart water meter sensor that monitors water quality and consumption, recently took first place in the 2016 Startup Open competition, run by the Global Entrepreneurship Network (GEN).

BrighTap, a product made by BwareIT, is an Internet-of-things (IOT) meter that can be attached to any standard water tap, pipe or hose and helps users enjoy cleaner water while reducing their water bills. The tap meter provides water quality information, and tells the user how much water is consumed – powering itself by the water that runs through it. The product’s display shows real-time data and also stores it for tracking through a monitoring system.

The company topped more than 1,000 startups from 101 countries. Through the Startup Open competition, the Global Entrepreneurship Network (GEN) recognizes the top promising young firms that have yet to raise any outside capital from angel investors, venture capital firms or other formal sources of seed funding.

“As digital advances disrupt traditional industries across all sectors – and throughout different countries and economies – entrepreneurs are at the forefront of these changes, working to solve critical problems,” said Jonathan Ortmans, president of Global Entrepreneurship Network. “BrighTap is an excellent example of how a young firm has the potential to make a lasting impact on the world around them.”

BwareIT was co-founded by CEO Konstantin Berezin, who has a background in consumer electronics and environment solutions experience, along with Ariel Drach, the chief technology officer, and Alex Sudak, the chief operations officer.

As the first place winner of the Startup Open competition, one person from the startup’s founder team will receive free airfare and accommodations to the Global Entrepreneurship Congress in Johannesburg, South Africa, March 13-16.

BrighTap was also featured by CNBC as one of “10 of the World’s Hottest Startups of 2016,” along with fellow Startup Open finalists Boltt Sports Technologies (India), Cookies and Cookies (Colombia), Freshy (Malta), Karz (Israel), Marini Naturals (Kenya), meetHere (US), OneTest Diagnostics (UK), OpenWater (India) and QEYE (Egypt).

In 2014, BreezoMeter from Haifa took the grand prize for their application that measures real-time air quality and provides health recommendations to its users.