Marco Polo 100 Digital Build Challenge
Deadline: 11 January 2021
With 7 decades of experience building, financing, and operating complex long term infrastructure projects in one of Canada’s most influential cities, Toronto, Horizon is driven to pioneer the next innovation in sustainable real estate.
This open innovation challenge was created with the goal of achieving Horizon's mission to build affordable housing using new construction technologies and processes.
Construction is an industry that’s made relatively little progress in how it organizes its business, still using century-old technologies and processes. Horizon believes digital capabilities present opportunities to make qualitative leaps for the industry. There have been piecemeal efforts made, but no significant revolution in overall project scale practice.
Horizon is looking for passionate individuals around the world who have innovative solutions that can help them bring our vision to life. The organisers want your ideas & will partner with you to realize them. Land, technical expertise, and funding to actualize and build the chosen concepts will be provided. At the end of the journey, the goal is to have several completed buildings that are operational, and places people can call home.
Teams that reach Stage 3 will receive technical, financial, business support; a stipend for travel to Toronto, Canada; up to $140,000 of investments and $15,000 of cash; royalty of $15/sq meter ($1.39/sq ft); and an intellectual property maintenance fee of $65,000.
The winning team (Stage 4, Grand Prize) will get technical, financial, business support; up to $10,000,000 of investments and $200,000 cash prize; royalty of $20/sq meter ($1.86/sq ft), royalties received after the Challenge; and an intellectual property maintenance fee of $250,000
Deadline: 11 January 2020, 9:00 pm ET (21:00 Colombian time)
[Boletín SIUN 513, 19/20 de noviembre de 2020]