Under the slogan ‘Apply. Grow. Make Your Mark.’, CEMEX Ventures, CEMEX’s open innovation and corporate venture capital unit, is looking for competition entries until 21 April 2019. It challenges entrepreneurs and startups to set their mark in the construction ecosystem, to grow, and to position their solution in the industry. The winners will be evaluated for their relationship with the six areas of opportunity set by CEMEX Ventures: intelligent buildings and cities; optimisation of supply chain management; construction with innovative materials and construction methods; and optimization of the productivity, efficiency, and quality of the daily management of work on site, among others.
Those interested in participating can apply through CEMEX Ventures’ website. Once all of the proposals have been evaluated, the winning startups will be invited to Monterrey, Mexico, to present their projects to an audience made up of world leaders in innovation, investment, and construction on 18 July 2019. This is only the beginning of the offering that CEMEX Ventures will present to the winners. In addition to the introduction to new investors and companies focused on innovation, CEMEX Ventures will work with the startups that best fit its needs.
"We have a large offering for startups that enter our portfolio, through which we commit to build together a tailor-made path to achieve the best results,” said Gonzalo Galindo, CEO of CEMEX Ventures. "Beyond pure investment, we offer smart money to understand the needs of the entrepreneur and take advantage of our resources to enable them to lead the construction revolution."
From its inception, more than four startups were selected from the two previous CEMEX Ventures competitions, enjoying its offering. Ipsum and Prysmex, finalists of the first competition in 2017, are part of the investment portfolio and continue an eminent process of expansion to new geographies. Some finalists from its Construction Startup Competition 2018 continue to work closely with CEMEX, opening markets in new countries, piloting their technology, and exploring investment possibilities.
Launched in 2017, CEMEX Ventures leverages CEMEX’s knowledge of the business with new, leading-edge technologies and platforms, focusing on solving the main challenges in the construction ecosystem through sustainable solutions. CEMEX Ventures has created an open, collaborative platform to lead the construction industry’s revolution, engaging startups, entrepreneurs, universities, and other stakeholders to tackle current challenges in the industry and shape tomorrow’s value ecosystem.
To know more about CEMEX Ventures´ 2019 Construction Startup Competition open call, visit: %$Linker:
