Construction Startup Competition launches
By Catrin Jones18 March 2022
The Construction Startup Competition 2022, run by Cemex Ventures, has launched with an open call for applicants.
The global challenge is open for startups in their early stages up to their commercialisation phase who have developed innovative solutions that help solve the industry’s main challenges. The participants will be able to apply under four categories: greener construction, enhanced productivity, construction supply chain, and construction’s future is now.
This is the sixth year of the competition running, and applications are open until 4 September.
This 2022 edition reunites previous partners Dysruptek by Haskell, Ferrovial, GS Futures, Hilti, Vinci Group´s Leonard, and Nova by Saint-Gobain. Black & Veatch, global engineering, construction, and consulting company, Procore Technologies, a US cloud-based construction software, and Zacua Ventures, a fund focused solely on the construction sector, have also joined the competition.
“Participants can expect to engage with any of the host companies even before the competition comes to an end, going as far as receiving investment or setting up agreements in the months following their application,” said Gonzalo Galindo, head of Cemex Ventures.
“This competition has served as a shortcut for many startups to connect with top industry investors and begin their successful collaborations, and this year´s lineup guarantees it will be no exception.”
The ten companies will thoroughly evaluate the applications before choosing the winners, who will participate in a final Pitchday event in November 2022. The entrepreneurs will be given the opportunity to showcase their solution to the competition´s jurors, as well as leading companies and investors from the construction and technology industry.