CEMEX and CEMEX Ventures, its corporate venture capital and open innovation unit, announced the launch of CEMEX Ventures Leaplab, an intensive acceleration program for innovative startups that address the critical challenges of the construction industry.
Leaplab leverages CEMEX’s facilities, expertise and resources to help promising startups in the construction technology (Contech) entrepreneurial ecosystem validate and accelerate their value propositions. It will will focus on startups that are addressing challenges related to four focus areas: Green Construction, Enhanced Productivity, Construction Supply Chain and Future of Construction.
In its inaugural edition, Leaplab will connect a cohort of startups with CEMEX business units in six countries for an intensive 14-week program supported by close to 100 experts providing mentorship and real-world experience.
“[This] intensive acceleration program perfectly complements our open innovation strategy by giving us earlier access to high-potential Contech startups,” said Luis Hernández, CEMEX executive vice president of digital and organization development. “By collaborating to test promising value propositions, emerging technologies, and new business models, we are better positioned to continue working with and investing in potential industry disruptors. Innovation is and will remain at the core of everything we do at CEMEX.”
