SEARCHING FOR A UNICORN IN THE MIDDLE EAST

The most promising start-ups in the construction sector from around the globe will take part and compete in The Big 5’s Start-Up City, from 25 to 28 November at the Dubai World Trade Centre

A visitor at The Big 5's Start-up City in 2018
A visitor at The Big 5's Start-up City in 2018

 

For the second consecutive year, The Big 5 – the region’s largest construction event, will host local and international start-ups at its dedicated “Start-up City”, in partnership with CCC, Catalyst, and Wamda. Here, participating companies will present the most disruptive technologies that will shape the future of the construction industry.

Experts have long pointed out that in a world where innovation and technology are more and more crucial to remain competitive, the construction sector is still a late technology adopter. 

In such context,

“Startups play a big role in digitizing the construction industry. They could finally support the construction industry to put an end to the expansion of construction schedules, the continuous increase in labor and material costs as well as improving quality and safety,”

says Aref Boualwan, the Senior Manager Digital Transformation & Strategy at Consolidated Contractors International Company (CCC)

The Big 5’s program is set to support brave, young, innovative companies from around the globe. Beyond providing a prime platform to promote their ideas and products in front of over 68,000 industry professionals, The Big 5 will donate a prize worth USD 25,000 to the most innovative start-up selected by a panel of judges through a competition.

A networking event with investors, alongside country pavilions participating in the program are among the new features to be launched at the Start-up City in 2019.

Josine Heijmans, Portfolio Director at dmg events, the organisers of The Big 5, says:

“We are extremely proud to bring back The Big 5’s Start-up City this year, as an effective platform promoting innovative ideas and products that will help increase sustainability, efficiency, and productivity in the construction sector.”

According to Çınar Kurra, the CEO of Catalyst - a Masdar & BP Initiative,

“Particularly promising are those new technologies that turn our buildings smart. Also, products that promote sustainability and help reduce waste or the use of petrochemicals and earth materials in the built environment have a great potential.
“With the introduction of 5G, construction companies will never have to run expensive copper network cables anymore. Material science is also offering a wealth of new solutions for improved insulation against heat, cold, and noise.”

The entrepreneurship ecosystem is gaining momentum year after year. Governments across the region are realizing the significance of creating support structures to nurture rising ideas locally and attract promising foreign startups. As a consequence, international and regional incubators, accelerators and startup support entities have recently been launched not only in the UAE but in most GCC countries.

“Across the region, investors are injecting more money with success stories of exits and acquisitions offering further trust in the great potentials at stake,” says Boualwan. “We hope to witness soon a construction technology startup highlighted as one of the unicorns founded in the Middle East.”
“We strongly believe that it is a must for a prominent event like The Big 5 to pave the way for Construction Technology Startups to showcase their solutions and gain the exposure to a huge audience of professionals from different backgrounds,” he adds.

In 2018, WakeCap, the IoT-based enterprise solution aimed at improving safety and productivity at the construction site, won the Start-up City Pitch Competition at The Big 5.

Ishita Sood Kochhar, co-founder and CEO of Wakecap, said: “The Big 5 Start-Up City Competition has been a great experience and I would really like to thank dmg events and the team organizing the Start-Up City initiative. This platform has been really encouraging; we have met with many suitable business partners and we have made a wealth of contacts to follow up with after the show.”

Celebrating its 40th anniversary this year, The Big 5 will run from 25 to 28 November 2019 at the Dubai World Trade Centre, alongside The Big 5 Heavy, Middle East Stone, Middle East Concrete, HVAC R Expo, the Urban Design & Landscape Expo, and The Big 5 Solar.

Beyond bringing to Dubai over 20,000 innovative products, the seven events under one roof will provide more than 220 complimentary high-level summits, practical seminars, and CPD-certified workshops to foster collaboration, support best practices, and offer effective solutions to today’s industry challenges.

To know more, visit www.thebig5.ae.

Register online and attend The Big 5 for free, at THIS LINK.

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Innovation Industry News Event Updates
About The Big 5

25 - 28 November 2019, Dubai World Trade Centre

The Big 5 is the region’s largest and most influential event for the construction industry.

Since 1979, the event has launched hundreds of thousands of products boosting the expansion of the Middle East and African markets. It has facilitated partnerships, advanced knowledge and industry best practices, while serving as the gateway for international companies to access the region.

Celebrating its 40th anniversary this year, the event is set to support construction companies through a shifting economic landscape, boost business, launch the latest building solutions, educate industry professionals, and foster best practices championing technological innovation. 

For the first time, The Big 5 covers the full construction cycle. Not only does it showcase products across six dedicated product sectors: MEP services, Building Interiors & Finishes, Building Envelope & Special Construction, Construction Tools & Building Materials, Construction Technology & Innovation, and the all new Offsite & Modular Construction.

It also runs alongside six specialised events enabling industry professionals to source products from around the globe for every stage of the construction projects: The Big 5 Heavy, Middle East Concrete, HVAC R Expo, Middle East Stone, The Big 5 Solar, and the Urban Design & Landscape Expo.

Beyond bringing to Dubai over 20,000 innovative building solutions to over 68,000 expected visitors, the seven co-located events provide more than 220 complimentary high-level summits, practical seminars, and CPD-certified workshops to foster collaboration, support best practices, and provide effective solutions to today’s industry challenges.

In order to promote technological innovation in the construction sector, the event also features The Big 5’s Start-Up City, the Live Innovation Zone, and the FutureTech Construction Summit, among others.

The Big 5 is organised by dmg events and is free to attend for all pre-registered visitors. Free online registration closes on 24 November 2019; 200 AED entrance fee will be charged to non-registered visitors.

#Big5Exhibition

To know more, visit www.thebig5.ae


About dmg events

dmg events is a leading organiser of face-to-face events and a publisher of trade magazines.

We aim to keep businesses informed and connect them with relevant communities to create vibrant marketplaces and to accelerate their business through face-to-face events.

dmg events organises more than 80 events across 25 countries, attracting over 425,000 attendees and delegates every year. The company’s portfolio of products includes many industry-leading events in the energy, construction, hospitality & design, coatings and transportation sectors. ADIPEC, The Big 5, Gastech, EGYPS, The Hotel Show and INDEX are the company’s flagship events. For more information visit www.dmgevents.com.

Founded in 1989, the company is headquartered in Dubai, UAE, and is a wholly-owned subsidiary of the Daily Mail and General Trust plc (DMGT, www.dmgt.co.uk), one of the largest media companies in the United Kingdom.