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 lifecycle of a building project into a sustainable one.
Your idea is particularly relevant if it falls into one of these areas:
Convincingly present tangible benefits and give us more details about the stage of your idea/solution.
The final winner will be invited to contract negotiations with Umdasch Group Ventures*.
*Subject to rules and conditions of the contest
Registration and idea submission until 5th March 2023
February & March 2023: calls with the best shortlisted teams will take place
Finalists will be notified by the beginning of April 2023 (Rewarded with EUR 5,000)
June 2023: Final pitch presentations by all finalists & announcement of award winner
All start-ups, students and innovators throughout the world who have practical use cases and ideas on “sustainable solutions for the building lifecycle” are eligible to enter. No costs are involved in submitting an entry.
Please carefully read our Rules of Contest!
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.
Umdasch Group Ventures is the technology driver within the family-owned 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.
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: