Construction companies host industry-wide competition for startups

Startups can apply to the competition from 7 May to 30 June 2024 (Photo: AdobeStock)

The competition is hosted by industry players and venture capital firms including Cemex Ventures, Caterpillar, Dysruptek by Haskell, Ferrovial, Hilti, VINCI Group’s Leonard, NOVA by Saint-Gobain, Trimble, and Zacua Ventures.

The competition invites startups from around the world to submit their solutions in four focus areas: Green Construction (sustainability), Enhanced Productivity (efficiency), Construction Supply Chain (on time), and Future of Construction (disruptive).

The aim of the competition is to promote innovation, collaboration, and technology adoption in the construction industry. It also provides an opportunity for startups to network with potential clients and partners, earn capital, pilot in global markets, and pitch to active industry investors and potential business partners.

The final competition milestone, Pitch Day, will be held at the Trimble Dimensions User Conference on November 11-13 2024, where three winners will receive cash prizes.

Over the last seven years, the Construction Startup Competition has been a launching pad for nearly 3,000 startups, helping them to facilitate fundraising and gain recognition.

“Every year we receive hundreds of applications from Contech and Cleantech startups, some of which have gone on to become big names in the industry, receive hundreds of million dollars in investment, and commercialize and expand their companies,” said Gonzalo Galindo, Head of Cemex Ventures.

Startups can apply to the competition from 7 May to 30 June 2024.