Construction companies to host the industry’s biggest competition and network for startups

Prominent industry players and venture capital firms Cemex Ventures, Caterpillar, Dysruptek by Haskell, Ferrovial, Hilti, VINCI Group’s Leonard, NOVA by Saint-Gobain, Trimble, and Zacua Ventures are launching the open call for innovative startups worldwide as hosts of the 8th edition of Construction Startup Competition.

Construction Startup Competition promotes innovation, collaboration, and technology adoption with solutions that fall under the competition’s four focus areas: Green Construction (sustainability), Enhanced Productivity (efficiency), Construction Supply Chain (on time), Future of Construction (disruptive). It is also an invaluable tool 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. This year, three winners will receive cash prizes at Pitch Day, the final competition milestone, held at Trimble Dimensions User Conference on 11 – 13 November 2024.

Over the last seven years, Construction Startup Competition has been a launching pad for almost 3000 startups to facilitate fundraising and gain recognition. The competition has named 36 winners, which have collectively raised more than US$396 million in financing. More than one third of winners have received investment from and/or are working with one or more of the competition hosts, and three Contech acceleration programmes use the competition as a qualified pipeline to build their cohorts.

“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 commercialise and expand their companies”, said Gonzalo Galindo, Head of Cemex Ventures.

Read the article online at: https://www.worldcement.com/the-americas/10052024/construction-companies-to-host-the-industrys-biggest-competition-and-network-for-startups/