7th Edition of Sacyr iChallenges Open Innovation Program launched
Sacyr has launched the 7th edition of its open innovation program, Sacyr iChallenges. Sacyr iChallenges is an initiative for innovation, technology, and cooperation to converge to address two business challenges issued by Sacyr in partnership with the global innovation community.
The program calls on innovation agents worldwide to provide disruptive and value-generating solutions. As customary, Sacyr welcomes proposals from start-ups, scaleups, tech hubs, universities, innovation centres, and large corporations worldwide.
Interested participants must submit their proposals by August 1.
“This program is one of our most effective means to combine external talent with the company’s internal skillset, enabling us to advance our sustainable performance”, said Marta Gil, Chief Innovation, Strategy and Sustainability Officer.
“The adoption of new solutions and technologies allows us to tackle project-specific technical challenges and continue to make a positive impact. In this new edition, we aim to keep exploring new horizons, driving new solutions, and proposing new ways to design, build, and manage our large infrastructures, as well as providing our services in collaboration with the entrepreneurial ecosystem. Sustainability and innovation remain at the heart of everything we do”, Gil added.
Sustainability, at the core of Sacyr iChallenges
As previous editions, the focus of Sacyr iChallenges 7 is to promote sustainability. The two challenges in this edition call for solutions addressing the following business needs:
Technology innovations driving circular management in water treatment: How can we minimize, reuse, or recover substances and waste present in our treatment and water distribution systems?
Climate-resilient infrastructure: How can we prepare our infrastructure to face adverse climate conditions and our capability to anticipate, resist and respond to damages?
Key dates and selection criteria
Sacyr presented Sacyr iChallenges 7 today at South Summit Madrid, the leading innovation event in Spain, starting today through Friday.
The call for proposals for the 7th edition of Sacyr iChallenges is open on the program’s website until August 1.
After the deadline is up, a committee of Sacyr professionals and experts and the Innovation team will review and assess all submitted proposals.
Next stop is Focus Week, where the pre-selected innovation agents and business experts will gather to discuss viable solutions.
Sacyr will then announce the selected proposals that will participate in working groups comprising Sacyr experts and external agents to continue developing their solutions.
The process culminates in late 2024 at Sacyr Innovation Summit. An event where the selected proposals will participate in in-person sessions with Sacyr experts to define pilot projects and will present their projects to the company’s top management.
