Hyundai Engineering & Construction announced on the 15th that it will hold the 2022 Hyundai Engineering & Construction x Seoul Startup Open Innovation contest with the Seoul Industrial Promotion Agency, a start-up support organization under the Seoul Metropolitan Government.

The contest is based on a business agreement signed by Hyundai Engineering & Construction and the Seoul Industrial Promotion Agency in August, and is an open innovation program to create an ecosystem for shared growth of startups in the construction industry by establishing a partnership between Hyundai Engineering & Construction and startups.

Applications will be made from October 16 to 7 for startups with innovative technologies, products, and service capabilities, including △ smart construction technology △ ICT convergence △ new businesses (hydrogen, carbon neutral, residential services, etc.) △ other businesses (new Biz Model proposals for new projects, new technologies, and new products).

Meanwhile, Hyundai Engineering & Construction has been continuously discovering promising startups since 2019 to introduce and spread smart construction technologies and secure opportunities to enter new businesses. In January 2020, it invested its stake in Ten Eleven, an AI-based apartment 3D automatic design system, and in the first half of this year, it is conducting PoC with four startups, including Deep Inspection and Oasis Business.

By fonuder

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