We are looking for new ideas, technologies or use cases for artificial intelligence or computer vision. Submissions should address brick and mortar retail, or construction and the building life cycle.
For example, submissions can cover object recognition, facial recognition, IoT, digital twin, video tracking etc.
Your idea should contribute to the SDG 9 – Industry, Innovation and Infrastructure (Build resilient infrastructure, promote inclusive and sustainable industrialization and foster innovation).
The final winner will be invited to contract negotiations with Umdasch Group Ventures*.
*Subject to rules and conditions of the contest
Registrate and submit your idea until January 17th 2021*
*extended deadline
January & February 2021:
Video calls with shortlisted teams will take place
Finalists will be notified until mid of February 2021 (Rewarded with EUR 5,000)
March 2021:
Final pitch presentations by all finalists take place
All start-ups, students and innovators throughout the world who have practical use cases and ideas regarding "artificial intelligence & computer vision for retail or construction" are eligible to enter. No costs are involved in submitting an entry.
Please carefully read our Rules of Contest!
PDF for Download
Since 1990, the Umdasch Group has been supporting outstanding achievements in research and development through the Josef Umdasch Research Prize. The award was created by the company’s present owners Hilde Umdasch and Alfred Umdasch, who named the prize after their father, Josef Umdasch.
As a result of the cooperation with the World Summit Awards (WSA), which has been in existence since 2018, the Josef Umdasch Research Prize is increasingly aimed at start-ups, entrepreneurs and future-oriented thinkers around the globe who can inspire enthusiasm with an innovative project idea.
We are the future & innovation hub of the multi-national Umdasch Group. We focus on pathbreaking technologies and business models in construction and retail. We strategically invest in young technology companies but also develop new, potentially disruptive business models ourselves, in co-creation with international partners.
We are open-minded, pick-up very visionary ideas and have a strong ambition and power to create something big!
For any questions related to our call, feel free to contact us at:
For any technical assistance for the contest database, please reach out to:
