ECM 2021
Water tech & smartcities challenges

How could we reconsider the way we live, challenging the current design of our cities, and the way we use our natural resources?

We are looking for 10 high-impact startups worldwide focused on digital solutions for construction to improve living conditions.

Are you in?

Context

In the last 20 years, Guatemala has experienced a population growth of 45%.Currently, 52.03% of the population lives in urban areas compared to 42.11% in1995. Although this accelerated urbanization has brought multiple opportunities, it has also caused challenges, especially around the provision of decent housing, security and complications in mobility. The latest challenge results in citizens living in commuter towns due to the fact that they can not work, live and eat in the same place.

Out of the 97 billion m3 of fresh water available in Guatemala, only 10% is used in consumer activities. With over 330 Guatemalan municipalities registered in ENCOVI, only 4% have adequate wastewater treatment, while the rest is returned to our rivers, polluting and damaging our ecosystems. For the last hundred years, we have explored and exploited the world. In the coming years, we must be mindful by shifting our mindset and focus from pure abundance towards a focus on quality and sustainability.

Use cases

WATER TECH

How can we create a replicable, scalable, and sustainable system that allows total water management from collection to its final discharge, and a system that provides the amount of water according to the consumer's needs for future real estate development projects?

01.

To capture, monitor, and analyze water resource management

02.

To share and reflect data in real-time of the water inlets and outlets, which allow determining the water balance, quantifying possible leaks, and optimizing consumption

03.

To integrate alternative options for independent water collection and water treatment according to its use

SMARTCITIES

How can we design smart cities integrating technological solutions that address problems such as insecurity, renewable energy sources, and citizen collaboration?

01.

To capture data and use digital technology to make better decisions and improve the quality of life and design of spaces

02.

To enhance communication between the administration and citizens that promote the generation of a sense of community

03.

To have the ability to reduce crime and increase the sense of security

Benefits of participating

Collaboration

Results-oriented 4-month collaboration with Progreso X as a partner and business units as team members

Pilot project through an innovation loop focused on satisfying user needs by means of technology

Opportunity

Build a solid business relationship with Progreso inthe long term

Based on the results of Innovation Loop 1, the possible next steps are:

- Invitation to second innovation loop
-  Joint Development Agreement (JDA)
-  Joint Venture (JV)
-  Capital investment (equity)
-  Licensing (customer-supplier)

Support

Direct access to new markets and potential users.

Access to Progreso corporate resources such as facilities, the largest chain of retail stores in Guatemala, market data, user and consumer information, among others.

Mentoring sessions with business innovation coaches to strengthen the business model and adapt it to the needs.

Access to strategic stakeholders and infrastructure for the development of solutions.

4 stages of the program...

01.

June 16
Open Applications . Begin and complete the application form.

September 12
Applications close.

September 28 and 29
A committee of online judges will analyze your application and select 10 high-impact startups.

02.

October 11
Demo Day
Make your pitch! We want to know your product or service and find out how to solve these challenges.

October 12, 13 & 14
Boot Camp
For three days, you will have the opportunity to familiarize with the challenges and specific pain points during sessions with business coaches who will help you to adapt your solution.

03.

October/ December
Due Dilligence‍
The best startups will be chosen to co-develop a 4-month innovation loop with ProgresoX and Progreso’s business unit. The pilot begins with planning and alignment to delineate the scope and a list of objectives, KPIs, and a work plan.

04.

January
Innovation Loop

Key
dates

Jun 16th - Sep 12th
2021

Application

Oct 11th - 14th
2021

Demo Day & Boot Camp

Apply Now
apply now