Could your idea improve the construction industry? Such as making the build or management process more efficient, creating a safer place to work, reducing the environmental impact or something else?
The COINS Grand Challenge is a global competition aimed at driving innovation and kickstarting ideas which could improve either the construction industry or the built environment.
The 2022 COINS Grand Challenge 2022, which is free to enter, is now open – discover everything you need to know and submit your entry at www.coins-grandchallenge.com
Ideas shortlisted for previous competitions range from fungi-based insulation to automated timber design tools and can be at any stage of development.
This is an opportunity for you to grow your idea, win cash prizes, recognition and business investment of up to £100k and the good news is that anyone can enter, from STEM students to tech specialists and construction professionals.
“The COINS Grand Challenge is a chance for people to turn their initial idea into something that is significant, something that could change the way the construction industry works in the future.”
Mark Beard, CEO of EW Beard (Holdings) Ltd and 2021 COINS Grand Challenge Judge
The challenge has two entry categories, an Open Competition as well as one aimed at students, the Undergraduate Competition.?
What are the Prizes?
As well as having the opportunity to shape the world we live in this is also an opportunity to gain investment and win cash prizes.
COINS Investment Prize: Up to £100,000*
Open Competition Winner: £5,000*
Open Competition Runner Up: £2,000*
Undergraduate Competition Winner: £2,500*
Undergraduate Competition Runner Up: £1,000*
COINS Software Innovation Prize: Paid Internship at COINS
(* or local equivalent)
COINS Grand Challenge is organised by Construction Industry Solutions (COINS) to inspire innovative ideas that could make a difference, read more at https://www.coins-global.com/blog/coins-grand-challenge-2022-opens-for-entries/bp831/
Robert Brown, CEO of COINS, who has played a major role in the COINS Grand Challenge, comments:
“Every year the number and quality of entries for the Grand Challenge gets stronger and stronger. We’re very proud to see the competition develop and to support so many exciting new ideas aimed at improving the construction industry”