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Story 29 May 2020
Public

News: Five industry leaders launch 2020 Construction Startup Competition

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Joana Moreira

Ferrovial, Cemex Ventures, Vinci, Hilti and Saint Gobain join forces to launch 2020 Construction StartUp Competition with the objective of identifying and fostering startups to lead the transformation of the construction industry. Are you the missing piece? You can apply via this link until 26 July. 

 

The competition is looking for startups working in the whole value chain of the construction industry. From smart cities and buildings to optimization of supply chain management, construction with innovative materials or methods, and optimization of productivity, efficiency, safety and quality in daily project management, among others. 

 

Under the slogan “You are the missing piece,” the five key industry players invite all entrepreneurs worldwide with innovative construction solutions to participate in this year’s edition by submitting their projects from 19 May through 26 July 2020. 

 

Participants will be first-hand witnesses to these industry’s challenges, in addition to getting acquainted with individuals, companies, contacts in the sector, and the possibility of implementing their proposals and solutions at any of the five organizing companies. The most promising startups will have the opportunity to engage with the five host corporations through a different set of tools, from workshops to pilots or investments. In this fourth edition of the Construction Startup Competition, the winning startups will be invited to Chicago, US, to present their solutions to an audience composed of global leaders in innovation, investment, and construction, tentatively on December 2-3, 2020. 

 

Here you can find the rules for the competition. 

 

The three previous chapters of the competition created an ecosystem of more than 1,000 companies from 80 different countries that work in construction. The 2020 Construction Startup Competition aims to complete a vision of new emerging solutions in the industry, facilitate an efficient review of investment opportunities, and create a community of players committed to solving the industry’s challenges from an innovative, technological, and sustainable point of view. 

 

 

 

DISCLAIMER: This information is provided in the interest of knowledge sharing and should not be interpreted as the official view of the European Commission, or any other organisation.

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