CEMEX Ventures, Ferrovial, Hilti, Vince Group's Leonard and NOVA by Saint-Gobain are launching the 2020 Construction Startup Competition to attract entrepreneurs and startups to drive innovation in the construction industry. Participants must submit their projects by July 26th.
Schaan, Liechtenstein - June 18, 2020 - You are the missing link. Under this slogan, five global players in the construction industry invite entrepreneurs from all over the world to submit their innovative construction solutions to the court in the framework of the annual Construction Startup Competition. Startups wishing to play a decisive role in transforming the construction industry must submit their projects to the jury no later than July 26, 2020.
Hilti, CEMEX Ventures, Ferrovial, VINCI Group's Leonard and NOVA by Saint-Gobain team up to host the 2020 Construction Startup Competition. The participation of such well-known construction companies will give additional weight to startups that are disrupting the paradigm of one of the least digitized and most fragmented industries. They will pool their expertise and resources to drive startups, building on knowledge in infrastructure, materials and equipment, and other disciplines.
Winners will be judged across five areas to realize industry opportunities: smart and sustainable cities and buildings, digital solutions for project and workplace management, optimizing supply chain management, building using innovative materials or techniques, and optimizing productivity, efficiency and quality in daily project management.
Those interested in participating can submit their applications through the CEMEX Ventures website (https://www.cemexventures.com/startup-competition-2020/). After that, five organizing companies will consider all ideas and proposals and select the most interesting ones. The most promising startups will receive new opportunities - from seminars to the implementation of pilot projects or investments. This year's competition finalists will be invited to Chicago to present their solutions to an audience of global leaders in innovation, investment and construction on December 2-3, 2020.
The global presence of the five competition host companies allows startups from anywhere in the world to enter the competition, while also giving them the opportunity to scale and expand their business to new geographic markets. The positions these five leaders occupy in the construction value chain provide participants with broad awareness of the challenges facing the industry as well as access to an active portfolio of important contacts. These circumstances help build relationships with new investors and innovation-driven companies. In addition, the competition provides participants with the opportunity to test and implement their solutions in any of the five organizing companies. The huge interest in the previous stages of the competition, where the number of applicants is growing from year to year, helped to develop the ecosystem to more than 1000 startups from 80 countries specializing in the construction industry. This year's Construction Startup Competition aims to complete the formation of a vision for new solutions in the industry, promote the efficient use of investment opportunities, and create a community of players focused on solving the problems of the industry from an innovative, technological and sustainable development point of view.
More information about the 2020 Construction Startup Competition can be found on the website.
HILTI.
Hilti makes construction work easier, faster and safer. Products, systems, software and services that provide clear added value make Hilti the epitome of quality, innovation and direct customer relationships. The company maintains about 250,000 direct interactions with customers every day, which means that many innovative ideas are developed directly on construction sites. If a customer at a construction site has a task for which there is no Hilti solution, then it will be developed. This is why the company invests about 6 percent of its sales annually in research and development. To learn more about Hilti, visit: www.hilti.group
CEMEX Ventures.
Founded in 2017, CEMEX Ventures focuses on providing support to leverage opportunities and overcome major challenges in the construction ecosystem through sustainable solutions. CEMEX Ventures has developed an open collaborative platform to spearhead a revolution in the construction industry, engaging startups, entrepreneurs, universities and other stakeholders to address challenges in the construction environment and shape the future of the industry. For more information on CEMEX Ventures visit: www.cemexventures.com.
LEONARD
Leonard is an innovative and forward-looking platform created by VINCI, a global concession and contracting player, employing over 222,000 people in nearly 120 countries. Leonard's tasks include tracking the latest trends in business and in the markets where VINCI is present, setting long-term goals and objectives, identifying opportunities for transforming the business and organizational structure of the Group, identifying new drivers of growth, as well as developing programs for launching and implementing innovative projects that are open both for the employees of the Group and for startups. For more information, please visit:
NOVA by SAINT-GOBAIN
Saint-Gobain develops, manufactures and distributes innovative solutions that are key elements of the well-being of each of us and the future of each of us. They can be found everywhere in our living quarters and in our daily lives: in buildings, in transportation, in infrastructure and in many industrial areas. They provide comfort, productivity and safety while addressing the challenges of sustainable construction, resource efficiency and climate change. Sales in 2019 amounted to 42.6 billion euros / The company is represented in 68 countries / Headcount: 170,000 employees. To learn more about Saint-Gobain, visit www.saint-gobain.com and follow Twitter @saintgobain for updates.
