The construction sector is responsible for many environmental impacts, and a significant driver in the construction and operation of real estate is the high consumption of resources. On the other hand, construction is critical to solving major global problems. The world population is expected to reach 9.8 billion people in 2050. The need for affordable housing and infrastructure is increasing enormously and can be solved mainly by the construction sector. Thus, sustainability in the entire construction life cycle is gaining crucial importance.
"The Umdasch Group acts in a very future-oriented manner. Sustainability is one of the important pillars of our corporate strategy, which is why we have chosen this topic for the Josef Umdasch Research Prize this year, in order to gain new impulses and ideas," explains Wolfgang Litzlbauer, chairman of the executive board of the Umdasch Group, which sponsors the prize.
Within the framework of the Josef Umdasch Research Award 2023, Umdasch Group Ventures - a company of the Umdasch Group - is once again putting out its feelers. It is on the lookout for contributions to more sustainability in the building life cycle regarding sustainable building materials and technologies, reduction of the CO2 footprint, renovation of buildings, recycling or also social housing creation.
Ideas can be submitted from now until January 8, 2023. The nominated applicants will receive financial support of €5,000 each for the detailed development of their ideas and will be invited to present their solutions to a jury of experts. The winner will be allowed to implement the idea with Umdasch Group Ventures and thus benefit from collaboration with international experts. The pitch presentation and award ceremony will take place in March 2023 as part of the World Summit Awards.
With the Josef Umdasch Research Prize, the Umdasch Group has been supporting outstanding achievements in research and development since 1990. The award is named after Josef Umdasch, the father of the current owners, Hilde Umdasch and Alfred Umdasch, who established the prize. Today, the award is a key part of the Umdasch Group Foundation, an initiative of the Umdasch Group that aims to encourage people in their training and support initiatives engaging with education and knowledge transfer at a global level.
More information about the Josef Umdasch Research Prize: www.umdaschgroup.com/researchprize
