JOSEF UMDASCH RESEARCH PRIZE 2023
Since 2017, WSA and Umdasch Group have joined together to find the most innovative solutions for their global companies and have now continued the successful collaboration in 2023!
Umdasch Group Ventures CALLS FOR IDEAS on
Sustainable Solutions for the Building Industry
Submit now & help secure our planet and our future!
The world population is projected to reach 9.8 billion in 2050. The need for affordable housing and infrastructure in terms of transportation, energy, drinking water, and waste management is increasing tremendously. The building sector will play a key role here.
But the building industry is also a large contributor to negative environmental impacts and climate change: exploitation and consumption of resources with half being non-renewable, energy consumption, air and water pollution, and waste.
Therefore, innovative and new solutions are needed to solve these challenges and transform the building industry into a sustainable one.
So, what is your solution?
Your idea is particularly relevant if it falls into one of these areas:
- Sustainable building materials
- Sustainable building technologies
- Renovation of buildings
- Affordable housing
- Greening of buildings
- Circular economy in construction
- Recycling of building materials
- Green and smart city technologies
- Resource efficiency in the building process
- Sustainable space planning
- Minus/zero carbon footprint in the building lifecycle
Convincingly present tangible benefits and give us more details about the stage of your idea/solution.
Send in your application until 8 January 2023 and take part in the Josef Umdasch Research Prize 2023!
More about the call for ideas and timeline: www.umdaschgroup.com/researchprize
Terms & Conditions here.
About Umdasch Group Ventures
Umdasch Group Ventures is the technology driver within the Umdasch Group, developing new, disruptive solutions and business models. The company invests in mature start-ups and young enterprises that provide potentially disruptive business models and/or unique technologies/services in the fields of construction and retail. The aim of the innovation hub is to continue developing their own ready-to-market business models and portfolio of strategic investments, to establish these on the market and drive market growth.
The young company has developed an intelligent management platform for construction materials. This involves, for example, packaging with integrated IoT sensor technology, software that automatically derives packaging instructions from orders and manages all material inventory on the construction site. Samson Logic's solutions save crane and labor time, optimize storage space, reduce material waste and increase safety.
GLOBAL CHAMPION 2021
Romanian start-up SecurifAI impresses with its technological solution
The Romanian team also earned points by capturing the jury's imagination with regard to the wide range of possible applications for the companies of Umdasch Group. For example, the software recognises whether everyone on a construction site is wearing a helmet and safety equipment.
Since 2017, WSA and Umdasch Group have joined together to find the most innovative solutions for their global companies. The winners of past years are currently working with the companies on the realisation of their prize-winning ideas.
WSA and Umdasch Group have continued the successful collaboration in 2021. The Umdasch Group subsidiary Umdasch Group Ventures – the youngest of the three subsidiaries – was looking for innovative ideas, disruptive technologies or new use cases for artificial intelligence or computer vision. Submissions addressed brick and mortar retail, construction and the building life cycle.